Tata Motors Limited announced strong second-quarter growth driven by robust results for the third consecutive month. The Sales performance for September 2017 were at 53965 units resulting in 25% growth over last year for the Domestic Passenger and Commercial Vehicle Business.
Domestic – Commercial Vehicles
Tata Motors overall commercial vehicles sales in September 2017, in the domestic market were at 36679 nos. higher by 29% over September 2016.
The M&HCV trucks segment grew by 25%, at 12259 nos., in September 2017.
The I&LCV truck segment also saw an upward trend and grew by 34% with 4449 units in September 2017.
The pickup category segment at 5569 units in September 2017 reported a strong growth of 50% with our newly launched Tata Xenon Yodha gaining acceptance and demand across markets while the SCV cargo segment with sales at 10040 units witnessed a growth of 40% at the back of strong response to XL range. Our passenger carrier (including buses) segment sales were at 4362 units,
Domestic – Passenger Vehicles
In September 2017, Tata Motors passenger vehicles, recorded sales of 17286 units, growth of 18%, over September 2016.
Cumulative sales growth of passenger vehicles in the domestic market for the fiscal (April-Sept 2017) were at 81417 units, a growth of 12%, compared to 72665 units, in the same period last fiscal.
The company’s sales from exports was at 3887 nos. in September 2017, a decline of 27%, due to continued drop in TIV in Sri Lanka (by 54%) and Nepal (by 47%).