Tata Motors Refused to Sell: Jaguar Land Rover Sale Declined in April

Tata Motors News: Jaguar Land Rover sales fall in April On the other hand, Tata Motors has denied reports of selling the company.
Tata Motors Refused to Sell: Jaguar Land Rover Sale Declined in April

Tata Motors-owned Jaguar Land Rover (JLR)'s total sales fell by 13.3 percent to 39,185 units in April, 2019. In the statement, the company said that Land Rover sales fell by 13.1 percent to 27,723 vehicles on an annual basis in the month of April. At the same time, Jaguar sales were down 13.7 percent to 11,462 units.

The statement said retail sales in Britain and North America increased by 12.1 percent and 9.6 percent respectively, but China (45.7 percent) and global markets (22.3 percent) saw a decline in retail sales. Jaguar Land Rover Chief Commercial Officer Felix Brautigam said on the sales figures, "April month is a bit difficult for us due to the decline in sales, but we are happy with the good growth in the US and UK."

Tata Motors refuses to sell Jaguar-Land Rover

Tata Motors denies reports of its British soldier Jaguar Land Rover being sold on Thursday. The company has given this explanation in the context of the news that it is going to sell Jaguar Land Rover to the French company PSA Group. It has been said in the news that the sale process is in progress.

A spokesperson for Tata Motors said in a statement, "Due to being a policy subject, we do not comment on media connotations. But we can make it clear that there is no truth in these rumors." Tata Motors bought Jaguar Land Rover from Ford in 2008. However, Tata Motors is still facing the pressure of breakage.

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