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Tata Motors reports 8% rise in March sales

Tata Motors’ passenger and commercial vehicle total sales (including exports) in March 2017 were at 57,145 units, higher by 8% over 53,057 units sold in March 2016. The company’s domestic sales of Tata commercial and passenger vehicles for March 2017 were at 51,309 units, higher by 10%, over 46,701 units, in March 2016. The company’s sales from exports were at 5,836 units in March 2017, a decline of 8% compared to 6,356 units sold in March 2016.

Tata Motors passenger vehicles recorded sales at 15,433 units in the domestic market, a growth of 84%, over March 2016, due to continued strong demand for the Tata Tiago. The company has also received an encouraging response for its recently launched lifestyle UV, Tata Hexa and its latest Styleback, the Tata Tigor.

The overall commercial vehicles sales in March 2017, in the domestic market were at 35,876 units lower by 6% over March 2016. The wholesale figures of Tata Motors commercial vehicles were affected by the Supreme Court judgement announced on March 29, leading to confusion and the consequent focus at the dealer level to increase retail and to reduce the levels of unsold stock.

Overall sales of M&HCV were at 17,648 units in March 2017, a decline of 5%, over March 2016. The company’s bus sales continued to grow by 26% in March 2017, driven primarily by STU orders. Meanwhile, Sales of the company’s Small & Light Commercial Vehicles were at 18,228 units in March 2017, lower by 8% over 19,777 units over March 2016.

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