Tata Motors recorded a strong
sales performance for December 2017. The Commercial and Passenger Vehicles
domestic sales in December 2017 was at
54,627 units as against 35,825 units in December 2016, a growth of 52%, due to
the increasing demand for vehicles across segments, new product launches and
strategic customer initiatives.
Tata Motors’ Commercial Vehicles domestic
sales in December 2017 were at 40,447 units, a growth of 62% compared to 24,998
units in December 2016. The commercial sector has shown good recovery after the
headwinds and regulatory challenges of last year. The steady production ramp-up
of the new range of BS4 vehicles and continued uptick in sales in
consumption-driven sectors have led the growth. The cumulative sales
performance of Commercial Vehicles (April-December 2017) in domestic market was
at 269,536 units, a growth of 17%, over last year and continues to grow month
The M&HCV trucks segment continues its
growth trend with robust sales at 15,828 units, higher by 83%, over last year.
The ever-increasing positive customer response to the superior range of Tata
Motors’ BS4 vehicles complemented by the success of the company’s innovative
SCR technology led to this growth
The I&LCV truck segment at
5,103 units grew by 78% over last year driven by consumption-led sectors like
e-Commerce and the superior performance of new product introductions like the
Ultra range of trucks.
The pickup segment sales was at 4,529 units,
growth of 43% over last year as the Xenon Yodha and the Mega range continued to
make inroads gaining wider acceptance and volumes across markets. The SCV sales
at 10,576 units, witnessed a growth of 60% over last year at the back of strong
response to Ace XL range. The commercial passenger carrier segment (including
buses) sales at 4411 units also grew by 19% over last year.
Domestic - Passenger Vehicles
In December 2017, Tata Motors' Passenger
Vehicles sales performance was at 14,180 units as against 10,827 units, a
growth of 31% over last year. The company recorded the highest ever December
sales for Passenger Vehicles since 2012 and the retail sales for this month was
also the highest in last 6 years. Strong performance of Tiago, Tigor, Hexa and
Nexon drove the growth momentum for Tata Motors. The UV segment recorded a
growth of 406% over last year on the back of strong demand of the newly
launched Nexon and Hexa. Cumulative sales growth of Passenger Vehicles in the
domestic market (April-Dec 2017) was at 129,229 units compared to 112,539
units, a growth of 15% over last year.
The company’s Commercial
Vehicles sales from exports in December 2017 was at 6044 units, a growth of 26%
over last year. This is also the highest sales achieved this year. Market share
for Commercial Vehicles International Business in all the key markets continue
to remain strong and have further grown during this fiscal year.
Source: Tata Motors
Elektrobit, a wholly-owned, independently-operated subsidiary of Continental, has announced the immediate availability of EB tresos 9, the new iteration of its industry-leading basic software enabling...
Omega Seiki Mobility (OSM), a part of the Anglian Omega Group has announced a joint venture with iM3NY, a prominent battery technology player in the US, to bring battery cell technology in the Indian ...
Continental is promoting the development and use of open source software. The technology company has adopted a manifesto that emphasises its commitment to collaborative work with Free and Open Source ...