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Tata Motors to increase market share by 3 to 5%

26 Jun 2013 Evaluate

Tata Motors is planning to boost its market share by 3 to 5% to take its total market share to 14 or 15%. It has witnessed six to seven months of decline in sales and expects that the next couple of quarters are likely to be weak. The automaker is revamping its sales outlets across the country and will have 150 revamped outlets by the end of this year.

The company’s total sales including exports of Tata commercial and passenger vehicles in May 2013 were 49,304 vehicles. The company’s domestic sales of Tata commercial and passenger vehicles for May 2013 were 45,430 units. The cumulative sales including exports for the company for the fiscal were 1,00,464 units. The company’s sales from exports are 3,874 vehicles in May 2013. The cumulative sales from exports for the fiscal were 7,439 units.

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