Markets
TTM

Tata Motors' (TTM) Global Wholesales Rise 2% in August

Tata Motors Limited 's TTM global wholesales, inclusive of the Jaguar Land Rover, totaled 74,639 vehicles in Aug 2015, up 2% year over year. Cumulative global wholesales for Apr through Aug 2015 were 381,656 vehicles, in line with the year-ago figure.

Global wholesales of all Tata Motors' commercial vehicles and the Tata Daewoo range were 29,683 vehicles in Aug 2015, 3% lower than the figure recorded in Aug 2014. However, cumulative commercial vehicles sales from April through August were unchanged year over year, at 146,723 vehicles.

Global wholesales of all passenger vehicles in the month of August rose 5% to 44,956 units, while cumulative sales from April through August remained flat, at 234,933 units. Tata Motors' passenger vehicles wholesales went up 5% to 11,853 units in Aug 2015. Cumulative wholesales for the April-August period surged 18% to 54,810 units.

Jaguar Land Rover recorded global sales of 33,103 vehicles in Aug 2015. Cumulative wholesales for the April-August period stood at 180,123 vehicles. Jaguar wholesales were 6,594 vehicles in August and 34,678 units for April-August. Land Rover sales totaled 26,509 vehicles for last month and 145,445 units for April through August.

Tata Motors is one of the leading automotive manufacturers in India. The company also has operations in the U.K., South Korea, Thailand, South Africa and Indonesia.

Currently, Tata Motors sports a Zacks Rank #4 (Sell). Better-ranked automobile stocks include Toyota Motor Corporation TM , Daimler AG DDAIF and Fuji Heavy Industries Ltd. FUJHY . All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

TOYOTA MOTOR CP (TM): Free Stock Analysis Report

DAIMLER AG (DDAIF): Free Stock Analysis Report

TATA MOTORS-ADR (TTM): Free Stock Analysis Report

FUJI HEAVY ADR (FUJHY): Free Stock Analysis Report

To read this article on Zacks.com click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

TTMDDAIFFUJHYTM

Other Topics

Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More