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Tata Motors To See Record Growth Riding On China Sales

Tata Motors (TTM) is all set to announce its third quarter earnings on 5th February and sales are expected to increase as the company is set to ride on growth in China despite the continued slow pace in India where the whole industry is facing slow momentum.

Trefis estimates up to 95% of Tata Motors' valuation comes from its Jaguar Land Rover (JLR) division, which it acquired from the Ford Motor Company in 2008. A closer inspection of the company's last annual report shows that up to 22% of all JLR sales came from China, where 103,077 units were sold out of a total 429,861 units across all geographic sectors. JLR continued their fifth year of continuous growth when they released results of sales in 2014 which totaled to 462,678, out of which 122,010 units were sold in China. The 28% growth rate in the Chinese market is a very… Read More …