Tata Motors sold a total of 38,057 vehicles in the domestic market in November 2019, registering a decline of 25 percent compared with 50,470 vehicles sold during the same period last year.
With 10,400 vehicles sold in November 2019, the Passenger Vehicle segment saw a decline of 39 percent compared with 16,982 vehicles in November 2018.
After an encouraging festival period, in November, the industry declined sharply. In addition, the industry is also preparing for the BSVI transition. We are ready for the transition to BSVI with enhanced models in both petrol and diesel options and have a slew of exciting new product launches in the coming months like Nexon EV, Altroz and Gravitas. – Mayank Pareek, President, PVBU, Tata Motors
Total M&HCVs sales in November including M&HCV trucks, buses, and International Business stood at 7,736 units compared with 13,162 units last year. The CV exports too saw a decline of 34 percent in November 2019.
As we move closer towards BSVI transition, the focus continues to be a gradual stock reduction, with retail sales in November being higher than wholesale by over 10%. Medium and Heavy Commercial vehicle sales grew by 23.6% over the previous month, as enquiries continue to increase gradually, with fleet owners realizing the economic benefits of replacement of their older vehicles. – Girish Wagh, President, CVBU, Tata Motors
Recommended for you
Leave a Reply
Note: Comments that are unrelated to the post above get automatically filtered into the trash bin.
