Mumbai, Oct 1 (IANS) 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.”