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Tata Motors reports domestic sales growth of 18% in October

Tata Motors has registered an impressive growth of 18% in its domestic sales at 57,710 units in October 2018, as against 48,886 units over last year. The company’s Commercial Vehicles (CV) domestic sales in October 2018 grew by 22% at 39,420 units over last year October. The M&HCV truck segment continued to grow by 16% at 13,185 units over last year.

Tata Motors’ Passenger Vehicles (PV) domestic sales registered an impressive performance with 18,290 units, a growth of 11%, compared to 16,475 units in October 2017. The company’s sales from exports (from CV and PV) in October 2018 grew by 6% with 4,554 units compared to 4,311 units last year.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.