Tata Motors: December 2017 JLR US retails drop 9% (nos lower than industry level drop of 5%); Below estimates; Negative. • JLR reports weak retail sales in US at 11,394 unit, down 9% for December 2017, as against an industry decline of 5% for the month. • Jaguar sales decline 21% for the month to 3414 units while Land Rover sales too drop 4% to 7980 units.
Tata Motors: December 2017 JLR US retails drop 9% (nos lower than industry level drop of 5%); Below estimates; Negative.
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• Jaguar sales decline 21% for the month to 3414 units while Land Rover sales too drop 4% to 7980 units.
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