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Tata Motors passenger car business registers 31 per cent growth in December

Tata Motors passenger car business registers 31 per cent growth in December

Tuesday 02 January 2018, 15:07 PM by Abhishek Nigam

Indian vehicle manufacturer Tata Motors has reported a strong sales performance in December. Last month the commercial and passenger vehicle sales in December was at 54,627 units as against 35,825 units in December 2016. Registering a cumulative growth of 52 per cent. Tata Motors passenger car business witnessed sales of 14,180 units in December 2017 as against 10,827 units during the same period last year, thereby registering a growth of 31 per cent.

The recently launched products like the Tiago, Hexa, Tigor and the Nexon has once again generated customer interest in the brand. Tata Motors further adds that although the company has witnessed the highest sales ever since December 2012, retail sales have grown by 74 per cent over last year, which is indeed the company’s highest since December 2011. Mayank Parekh, President, Passenger Vehicles Business Unit, Tata Motors stated that the company is happy to start the New Year with a strong growth momentum.

Tata Motors Commercial Vehicles’ sales from exports in December 2017 was at 6044 units, a growth of 26 per cent over last year. This is also the highest sales achieved this year. Market share for Commercial Vehicles International Business in all the key markets and the company believes that it will continue to remain strong and has reportedly further grown during this fiscal year.

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