Monday 1 October 2018

Tata Motors domestic sales zoom 20% in September, hit 64,250 units

Tata Motors

Domestic passenger vehicle sales were up 7 per cent at 18,429 units last month as compared to 17,286 units in September 2017, the company said in a statement.Tata Motors Monday reported a 20 per cent increase in domestic sales at 64,250 units in September as compared to 53,964 units in the same month last year.

Commenting on the passenger vehicle sales performance in July, Tata Motors President Passenger Vehicles Business Mayank Pareek said the growth for the overall PV industry is stressed with degrowth in all three months of the quarter.

"Early indications have been that the industry has declined in September this year. Having said that, we grew at 7 per cent on the back of continued demand of our new generation vehicles," he added.

The company expects sales to pick up this festive season and to boost its customer morale, it is launching four new products, Pareek said.

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