Tata Motors reports sales growth of 9.9% in April 2016
Tata Motors saw Y-o-Y sales growth of 9.9% for total commercial and passenger vehicles sales (including exports) in April 2016 at 39,763 vehicles, over 36,190 vehicles sold in April 2015. The company’s domestic sales of Tata commercial and passenger vehicles for April 2016 were 35,978 nos., a growth of 11% over 32,404 vehicles, sold in April 2015.
Tata Motors Passenger Vehicles Sales
In April 2016, Tata Motors passenger vehicles recorded sales of 11,161 nos., a growth of 7.9%, compared to 10,341 nos., sold in April 2015. Sales of passenger cars in April 2016 was 9,451 nos., higher by 5.9%, over April 2015, UV sales increased by over 7.7% at 1,389 nos., in April 2016.
Tata Motors Commercial Vehicles Sales
The company’s sales of commercial vehicles in April 2016 in the domestic market were at 25,138 nos., higher by 13.3%, over April 2015. LCV sales were at 12,416 nos., an increase of 13.3% over April 2015. M&HCV sales continued to show growth at 12,722 nos., higher by 13.3%, over April 2015.
Exports
The company’s sales from exports was flat at 3,785 nos., in April 2016, compared to April 2015.
About Tata Motors
Tata Motors Limited is Country’s largest automobile company, with consolidated revenues of INR 2,62,796 crores (USD 42.04 billion) in 2014-15. 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. It also has an industrial joint venture with Fiat in India.
Want to add your opinion on Tata Motor’s April sales growth? Let us know by commenting below