Jaguar Land Rover Advances but Tata Motors Holds It Back
After being stuck in a rut for months, shares of Tata Motors (NYSE: TTM) made a move this month -- but not in the direction investors wanted. Business in India has been tough this year, and subsidiary automaker Jaguar Land Rover (JLR) sees its business cooling off a bit.
Chart by author. Data source: Tata Motors and JLR monthly volumes.
Sales of vehicles at the iconic British automaker have slowed down this year as the company is trying to lap what was a banner year in 2016. New models like the F-PACE, Jaguar's first foray into SUVs, provided a huge jump in year-over-year sales.
Source: Fool.com
