Why Tata Motors (TTM) Stock Is Down This Morning

NEW YORK (TheStreet) -- Shares of Tata Motors (TTM) are down -0.44% to $40.64 after the India-based automaker reported a 10.46% decline in global sales, including that of Jaguar Land Rover  to 75,623 units in June, the Economic Times reports.

The company sold 84,458 units in the same month last year.  In the passenger vehicles category, global sales last month were at 44,239 units versus 42,881 units in June 2013, up 3.16 %.

Sales of commercial vehicles declined 24.51% in June to 31,384 units from 41,577 units a year ago. 

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