Tata Motors July domestic sales rise 21%

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Mumbai, Aug 1 (IANS) Automobile major Tata Motors on Wednesday reported a 21 per cent rise in domestic sales in July, on a year-on-year basis.

The domestic sales of the company stood at 51,896 units in July 2018 compared to 42,775 units sold during the corresponding period of 2017, Tata Motors said in a statement.

“On cumulative basis (April-July 2018), Tata Motors registered a strong growth of 51 per cent at 216,475 units, compared to 142,916 units over previous year due to the continued robust month-on-month sales performance of its commercial and passenger vehicles businesses in the domestic market,” it said.

Sale of passenger vehicles in the domestic market rose by 14 per cent to 17,079 units in July this year. Commercial Vehicles sales in the domestic market rose to 34,817 units, higher by 25 over last year July, it said.

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“The company’s sales from exports (from CV and PV) in July 2018 was at an impressive 4,971 units compared to 3,441 units last year, a growth of 44 per cent.”

–IANS

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