Tata Motors registers 20% increase of sales in domestic market in September 2018
Deepthi | Myequity news | Date : 01-10-2018 16:05:00 IST
Tata Motors sales in the domestic market in September 2018 grew by 20%, at 64,250 units compared to 53,964 units over the previous year. The cumulative domestic sales performance (April-September 2018) for Tata Motors witnessed a strong growth of 40% with 339,186 units as compared to 242,787 units in the same period last year.
Tata Motors’ Commercial Vehicles (CV) domestic sales in September 2018 grew by 26% at 46,169 units as against 36,578 units in September 2017.
The M&HCV truck segment for Tata Motors continued to grow by 32% with 16,239 units compared to 12,259 units last year.
Tata Motors’ I&LCV truck segment delivered a robust performance with 5,465 units compared to 4,449 units over last year, a growth of 23%.
The SCV Cargo and Pickup segment reported a significant growth with 19,846 units compared to 15,607 units, up by 27%, over last year.
The commercial passenger carrier segment witnessed a steady growth of 6%, with 4,619 units over last year.
Tata Motors' Passenger Vehicles (PV) domestic sales in September 2018 continued its growth trend at 18,429 units compared to 17,286 units, higher by 7% over last year. About Tata Motors:
Tata Motors Limited, a USD 45 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. Part of the USD 100 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 109 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.