Tata Motors Group's Global Wholesales Down By 64 Per Cent In First Quarter Of FY21

Automobile major Tata Motors Group, including Jaguar Land Rover, on Friday (10 July) reported a plunge of 64 per cent in global wholesales Q1FY21 on a year-on-year basis.

"The Tata Motors Group global wholesales in Q1 FY21, including Jaguar Land Rover, were at 91,594, lower by 64 per cent, as compared to Q1 FY20," the Group said in a statement.

According to the group, global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q1 FY21 declined by 89 per cent to 11,598 units over Q1 FY20.

"Global wholesales of all passenger vehicles in Q1 FY21 were at 79,996, lower by 49 per cent compared with Q1 FY20," the company said in a statement on Friday.

Furthermore, global wholesales for Jaguar Land Rover stood at 65,425 vehicles.

"Jaguar wholesales for the quarter were 17,971 vehicles, while Land Rover wholesales for the quarter were 47,454 vehicles," the statement said.

JLR number for Q1 FY21 includes CJLR volumes of 16,513 units. CJLR is a joint venture between JLR and Chery Automobiles and is an unconsolidated subsidiary for JLR.