Tata Motors domestic sales surge 58%

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Tata Motors Limited announced sales numbers in November 2017 continuing its turnaround trend of the past few months. The Commercial and Passenger Vehicles sales performance in domestic market in November 2017 was at 52,464 units, a growth of 58%, over last year due to growing demand across segments, introduction of new products and strong customer initiatives.

Domestic – Commercial Vehicles
Tata Motors’ Commercial Vehicles sales in domestic market in November 2017 were at 35,307 units, a growth of 72% compared to 20,538 units in November 2016. The commercial sector has bounced back strongly after the initial disruption in the market, surrounding demonetization and the BS4 transition that largely affected the transportindustry last year.

The M&HCV trucks segment was at 12,851 units, higher by a strong 88%, over last year led by the sustained increase in production as well as the strong customer acceptance of the superior range of Tata Motors’ BS4 vehicles.

The pickup segment sales grew by 53%, over last year at 4,685 units as the recently launched Xenon Yodha continued
to gain acceptance and volumes across markets.

Domestic – Passenger Vehicles
In November 2017, Tata Motors Passenger Vehicles sales performance was at 17,157 units, growth of 35%, over last year. This was led by the strong growth momentum of new generation Tata cars.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com