Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Tata Motors under pressure in China due to slowdown

July 17, 2015, 07:57 PM IST by Ninad Ambre
Tata Motors under pressure in China due to slowdown

Tata Motors sales in China might be hit as it is reeling under the pressure of the slowdown in the Chinese market. The manufacturer has taken measures like a price-cut on some of its models to combat the situation.

The company's stock has declined by 27 per cent in the last quarter and by 8 per cent in June. According to analysts, the pressure has increased on Tata Motors as institutional investors have been selling Tata Motors shares at every rise.

Ashwin Patil, equity analyst, LKP Securities, said, "We think that there is some pressure definitely in the mid-term because first of all the growth in Chinese market is slowing down and on the back of that definitely the luxury carmakers are going to get hit."

Tata Motors-owned Jaguar Land Rover has a good presence in China; in fact, the country is one of the biggest markets for the carmaker. The overall sales of the company fell by one per cent and the sales numbers went down by 33 per cent in the first quarter. The June sales also descended to 6,242 units showing a drop of 46 per cent. This month, the company slashed the prices of the Range Rover Evoque by 5-11 per cent to encounter the slump in sales and help the company's performance.

Tata Motors under pressure in China due to slowdown

Source: NDTVProfit

Tags:Tata,Land Rover,Jaguar,Range Rover evoque,Land Rover Range Rover Evoque,Jaguar F-Type,F-Type,Tata Bolt,Bolt
Show CommentsHide Comments
Ad

Tata Bolt Price in Popular Cities

CityOn-Road Prices
Chennai₹ 5.84 Lakhs onwards
Hyderabad₹ 5.91 Lakhs onwards
Bangalore₹ 6.07 Lakhs onwards
New Delhi₹ 5.56 Lakhs onwards
Mumbai₹ 5.98 Lakhs onwards
Kolkata₹ 5.83 Lakhs onwards
  • Upcoming Cars

Tata AltrozTata Altroz

Mar 2019

8L - ₹ 10L
BMW i8 RoadsterBMW i8 Roadster

Apr 2019

2.80Cr - ₹ 3Cr
Mahindra e20 NXTMahindra e20 NXT

Jul 2019

6L - ₹ 8L
Mahindra eKUV100Mahindra eKUV100

Dec 2019

8L - ₹ 9L
Jeep RenegadeJeep Renegade

Jan 2020

12L - ₹ 17L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in