Tata Motors auto sales grow 1 percent in May

Mumbai, June 1 (IANS) Tata Motors on Wednesday said it has sold 40,071 units of commercial and passenger vehicles including exports in May 2016, a growth of one per cent over 39,496 vehicles sold in the same month last year.

The company’s domestic sales of commercial and passenger vehicles for the last month was at 35,643 units, a growth of two per cent over the year-ago month.

Domestic sales of passenger vehicles in the last month stood at 8,617, down 23 per cent from 11,138 vehicles sold in the same month last year.

While the sales of passenger cars in May was lower by 15 per cent at 7,787 units, compared to 9,176 sold in the year-ago month, its hatchback sales grew by 7 per cent at 5,643 units in the last month, due to strong demand for the recently launched Tiago, the company said.

“UV sales declined by 58 per cent at 830 units in May 2016, compared to 1,962 sold in May 2015,” it said in a statement.

The company said the overall commercial vehicles sales in May in the domestic market were at 27,026 units, a growth of 14 per cent over the corresponding month last year.

Sales from exports were at 4,428 in the last month, a decline of 5 per cent compared to 4,678 vehicles sold in May 2015.

–IANS

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