Tata Motors stops sales of JLR in RussiaTATAMOTORS - 414 Change: 6.20 (1.52 %)
News:As per media sources, Tata Motors' overseas luxury car manufacturing subsidiary JLR has stopped delivery of its vehicles to Russia amid the ongoing conflict.
Views:In FY21, JLR sold ~6,900 units (1.7% of total sales volume) to Russia with average monthly rate coming at 575 units. Such a decision has been adopted by other OEMs also like Renault, Volvo, Daimler Trucks AG among others. The company awaits restoration of trading channel before resuming sales to Russia