Tata Motors Passenger Vehicles Ltd.

Tata Motors passenger and commercial vehicle sales (including exports) in September 2016 were at 48,648 vehicles, a growth of 8%, over 45,215 vehicles sold in September 2015. The company’s domestic sales of commercial and passenger vehicles for September 2016 were at 42,961 units, a growth of 5%, over September 2015.

The company’s passenger vehicles, in the domestic market, recorded a sale of 14,601 units, growth of 24%, compared to 11,732 units sold in September 2015. The passenger car sales continued its growth momentum due to strong demand for the recently launched Tiago.  The overall commercial vehicles sales in September 2016, in the domestic market were at 28,360 units, lower by 2%, over September 2015. While the sales of Tata Motors Light Commercial Vehicles, continued to grow in the domestic market by 19%, over September 2015, M&HCV sales continued to be stressed due to subdued demand, with the slowdown of recent months continuing, as a result of postponement of replacement and fleet expansion.

The company’s sales from exports were at 5,687 units, in September 2016, a growth of 29% compared to 4,402 units sold in September 2015. The cumulative sales from exports for the fiscal was at 31,469 units, higher by 12%, over 28,201 units, sold last year.