Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
324.25
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Tata Motors reports 16% growth in domestic sales in FY19

Date: 02-04-2019

Tata Motors Commercial and Passenger Vehicles Business sales in the domestic market for FY19 (April 2018 - March 2019), grew by 16% with 678,486 units as compared to 586,507 units over the same period Last year. In March 2019, the Company witnessed its sales drop by 1% to 68,709 units as against 69,409 units sold in March 2018, as weak consumer sentiments continued.

Tata Motors Commercial Vehicles (CV) Business sales in the domestic market for FY19 (April 2018 - March 2019), recorded a growth of 17% with 468,692 units compared to 399,317 units sold during the same period last year. The CV domestic sales March 2019, grew by 4% at 50,917 units, compared to 49,174 units sold last year.

The M&HCV sales in the domestic market for FY19 (April 2018- March 2019), registered a growth of 12% at 151,105 units compared to 134,399 units sold last fiscal. Tata Motors Passenger Vehicles Business sales in the domestic market for FY19 (April 2018-March 2019) were the highest ever in the last six years at 210,143 units, a growth of 12%, compared to 187,321 units sold last fiscal.

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.