Tata Motors Passenger Vehicles Ltd.

Tata Motors, the country’s largest automotive player, not cutting back investment on any of its products, has lined up annual capital expenditure of Rs 1500 crore for the Passenger Vehicle (PV) business. Further, the company, which does not see its sales picking up anytime soon, has pinned hopes on festive season to lift market sentiment.

Tata Motors’ total sales including exports of commercial and passenger vehicles in July 2013 stood at 51,468 units. Sales of passenger vehicles for July 2013 were at 10824 units. Sales of the Nano/ Indica/ Indigo range in July 2013 were 8546 units. The Sumo/Safari/Aria/Venture range sales were 2278 units. Cumulative sales of passenger vehicles were at 45332. Cumulative sales of the Nano/ Indica/ Indigo range were at 36019 units. Cumulative sales of the Sumo/Safari/Aria/ Venture range were 9,313 units.