Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
324.25
-3.55 (-1.08%)
< Home < Back

Tata Motors reports 7% growth in total sales in July 2017

Date: 01-08-2017

Tata Motors has reported 7% rise in total sales of passenger and commercial vehicle (including exports) in July 2017 at 46,216 vehicles as compared to 43,160 vehicles sold in July 2016. The company’s domestic sales of commercial and passenger vehicles for July 2017 were at 42,775 vehicles, higher by 13%, over 37,789 vehicles, in July 2016.

The overall commercial vehicles sales in July 2017, in the domestic market were at 27,842 vehicles, higher by 15% over July 2016, due to ramp-up of BS4 production, across segments. The Company also passed on the benefits of GST to consumers by reducing the prices of its vehicles across all commercial vehicle segments.

In July 2017, the company’s passenger vehicles, in the domestic market, recorded sales at 14,933 vehicles, with a growth of 10%, over 13,547 vehicles, in July 2016, due to continued strong demand for the Tata Tiago and the Tata Tigor. While the car segment marginally declined by 1% at 12,125 vehicles, the UV segment grew by 110% at 2,808 vehicles, due to strong demand for Tata HEXA.