Tata Motors Falls 4% After Weakness In China Drags JLR Global Sales 4%

Tata Motors shares declined nearly 4 percent in morning on Friday after the Jaguar Land Rover's global sales performance dented by China.

US-based luxury car maker Jaguar Land Rover said its retail sales in February 2019 fell 4.1 percent to 38,288 vehicles, compared to February last year.

"Strong sales of I-PACE, E-PACE, refreshed Range Rover and Range Rover Sport were offset by overall weak customer demand in China as well as the run out of the old Range Rover Evoque," it reasoned.

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