Tata Motors is happy to announce that the passenger vehicle sales in the domestic market for FY19 (April 2018 – March 2019) were the highest ever in the last 6 years at 210,143 units, a growth of 12% compared to 187,321 units sold last fiscal.
However, the PV domestic sales in March 2019 witnessed a drop of 12% at 17,810 units, as compared with 20,266 units sold in the same period last year. With Nexon, Hexa and now Harrier joining the new generation UV products, this segment has grown by 16% over the last year, the company said.
As for Commercial Vehicle business, the segment recorded a growth of 17% with 468,692 units, compared to 399,317 units sold during the same period last year. The CV domestic sales in March 2019 grew by 4% at 50,917 units, compared to 49,174 units sold last year.
The company’s sales from exports (CV and PV) in March 2019 was at 5,952 units, lower by 11% over the last year, apparently due to new regulations and political uncertainty in Sri Lanka and slump in Middle East affecting the overall Industry volumes in these markets.
Recommended for you
Leave a Reply
Note: Comments that are unrelated to the post above get automatically filtered into the trash bin.
