Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
318.80
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Tata Motors reports domestic sales growth of 35% in March

Date: 02-04-2018

Tata Motors has registered a growth of 35% at 69,440 units in March 2018 as against 51,309 units over last year due to the continued strong sales performance of its Commercial and Passenger Vehicles Business in the domestic market. The cumulative domestic sales performance of the Commercial and Passenger Vehicles business for FY18 was 586,639 units compared to 478,362 units, a growth of 23%, over FY17.

Tata Motors’ Commercial Vehicles domestic sales in March 2018 were at 49,174 units, an increase of 37% compared to 35,876 units in March 2017. The M&HCV truck segment continued to witness a steady growth with 16,886 units, higher by 21% over last year.

The company’s Passenger Vehicles sales performance was at 20,266 units as against 15,433 units, a robust growth of 31% over last year. The company’s sales from exports in March 2018 stood at 6,443 units, a growth of 17% over last year.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.