Tata Motors reports strong wholesale numbers for November vs October

Tata Motors-owned Jaguar Land Rover (JLR) today reported 10 per cent increase in retail sales at 52,332 units in November as compared with the same month a year ago. In October, it had risen 1.3% to 37,400.

Global wholesales of all passenger vehicles in November 2017 were at 71,628 nos., higher by 10%, compared to November 2016. In October, it had risen by 3.5% to 66,361, compared to 10% growth in September.

Global wholesales for Jaguar Land Rover were 54,244 vehicles (*JLR number for November 2017 includes CJLR volumes of 8,179 units). In October, Jaguar Land Rover accounted for 49,757, including 6,880 from its China JV.

TheStreet Lowers Zimmer Biomet (ZBH) to C+
Equities analysts predict that Zimmer Biomet Holdings Inc will post $8.54 earnings per share for the current fiscal year. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.83 billion.

Jaguar wholesales for the month were 12,287 vehicles, while Land Rover wholesales for the month were 41,957 vehicles.

Land Rover saw sales of 38,644 vehicles in November up 17.2 per cent, primarily reflecting the sales ramp up of the all new Discovery and the introduction of the Range Rover Velar.

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