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Tata Motors Ltd's global wholesale vehicle sales fell an annual 14 percent in July, the company said, as a sharp rise in the sales of its luxury Jaguar Land Rover cars failed to offset sluggish passenger and commercial vehicle sales.
Tata Motors, part of India's salt-to-steel Tata Group conglomerate, sold 87,566 vehicles in July, the company said on Wednesday. Passenger cars accounted for 46,684 vehicle sales, down 13 percent from a year earlier.
Sales of its Jaguar Land Rover brand, which Tata purchased for $2.3 billion in 2008, stood at 35,162 in the month, a rise of 31 percent from a year earlier.
Sales of its sleek Jaguar cars rose 77 percent to 7,174 vehicles and Land Rover sales were higher by 22 percent at 27,988 vehicles during the month.