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Tata Motors global wholesales plunge 22% YOY in April

Indian carmaker Tata Motors Ltd. on May 13 reported a 22% year-over-year decline in global wholesales in April, the latest in a streak of declines that began in November 2018.

The company sold a total of 79,923 vehicles, including Jaguar Land Rover cars, in April, down from 102,297 in the same month in 2018.

Tata Motors' commercial vehicles and Tata Daewoo vehicles recorded a 20% year-over-year drop in April global wholesales to 31,726 units, while global wholesales of passenger cars also plummeted 23% year over year to 48,197 units.

Meanwhile, Jaguar Land Rover's global wholesales also fell to 35,451 units from 45,284 in April 2018. A total of 13,301 Jaguar vehicles were sold during the month, down from 14,874 a year prior, while a total of 22,150 Land Rover vehicles were sold, down from 30,410 a year earlier.

The company earlier reported a 20% drop in vehicle sales in its home market in April.