Tata Motors' September domestic sales up 25%

Image
IANS Mumbai
Last Updated : Oct 01 2017 | 5:07 PM IST

Automobile manufacturer Tata Motors on Sunday reported an exponential rise in its domestic sales for September on the back of growing festive demand and introduction of new products.

According to the company, its September domestic passenger and commercial vehicle sales rose by 25 per cent to 53,965 units.

However, the company's exports during the month under review declined by 27 per cent to 3,887 units shipped out.

"Tata Motors overall commercial vehicles sales in September 2017 were at 36,679 numbers -- higher by 29 per cent over September 2016," the company said in a statement.

"The sales grew on the back of strong ramp-up in production, growing demand for new product launches and higher customer uptick owing to peak festive season buying trends across segments."

The company said its domestic passenger vehicles sales grew 18 per cent over September 2016 to 17,286 units last month.

"This was augmented by the strong growth momentum for new generation vehicles Tiago, Tigor and Hexa," the statement said.

"The newly launched compact SUV, Tata Nexon has also received a tremendous response in the market."

--IANS

rv/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 01 2017 | 4:08 PM IST

Next Story