Thursday, 8 November 2018

Tata Motors domestic sales in April 2018 up 86% to 53,511 units

Tata Motors April 2018 domestic sales up 86% to 53,511 units:

Tata Motors posted 86 per cent jump in domestic sales at 53,511 units in April 2018, led by strong sales in commercial and passenger vehicle (PV) segments.

The company had sold 28,844 units during April 2017 Tata Motors said in a regulatory filing.

Domestic sales of Tata Motors commercial vehicles in April 2018 grew by 126 per cent to 36,276 units compared to 16,017 units in April 2017.

"Various macro-economic factors, infrastructure growth, improved industrial activities and consumption-led demand contributed to the growing volumes," Tata Motors Commercial Vehicles Business Unit President Girish Wagh said.

Passenger vehicle (PV) sales stood at 17,235 units in April 2018 as compared with 12,827 units in April 2017, up 34 per cent.

While there were challenges in market, strong demand for new generation products like Tiago, Tigor, Nexon and Hexa lead the growth in April 2018.

The company's exports April 2018 stood at 3,010 units, up 41 per cent over April 2017.

Source: Economic Times dated May 01, 2018.

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* Indian Roadie Secondary Research

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