Tata Motors (TTM) show strong gains in its commercial vehicle business, boosted by a 12% Y/Y...

|About: Tata Motors Limited (TTM)|By:, SA News Editor

Tata Motors (TTM) show strong gains in its commercial vehicle business, boosted by a 12% Y/Y jump in sales posted by Jaguar Land Rover for the first half of FY12 on the strength of higher demand in China and Russia. The carmaker's higher volumes of JLR sales is helping it offset higher marketing costs and an increased contribution of lower-priced models. Shares +4.4% premarket.