After a grim standalone performance in the domestic market, Tata Motors' global wholesales number, including Jaguar Land Rover, delivered a poor performance.
The company's global wholesales numbers showed a decline of 20% to 81,957 units in November, compared to the same period last year. Cumulative wholesales for the fiscal, too, declined 14% to 674,729 units during the period.
The car makers global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range declined 36.5% to 31,254 units on the back of low demand in the global markets. Cumulative commercial vehicles wholesales for the fiscal were down 20% to 306,532 units as well.
The passenger vehicle sales took the maximum impact as global wholesales of all passenger vehicles in November was down 63% to 50,703 units. Cumulative passenger vehicles wholesales though surged 111% to 368,197 units.
Global wholesales for Jaguar Land Rover surged 15.3% to 39,956 units. Jaguar wholesales for the month declined 7% to 6,753 units for the month, compared to the same period last year, while cumulative wholesales grew 64% to 51,170 units.