For the month of December 2016, the total sales for Tata Motors, domestic and exports combined stood at 40,944 units, registering a growth of 2 percent over the same period last year when the numbers clocked at 39,973 units. Individually, the domestic sales for this period stood at 35,825 units, clocking a growth of 1 percent over December 2015. Cumulative sales (including exports) of the company for the fiscal was at 391,493 units, higher by 7 percent over 364,939 vehicles, sold last year.
In December 2016, Tata Motors passenger vehicles, in the domestic market, recorded sales at 10,827 units, with a growth of 35 percent, over December 2015. The passenger car sales continued its growth momentum at 40 percent, due to strong demand for the Tata Tiago, with sales showing an increasing trend.
Cumulative sales growth of all passenger vehicles in the domestic market, this fiscal, were 112,539 units, a growth of 17 percent, compared to 95,979 units, in last fiscal. The overall commercial vehicles sales in December 2016, in the domestic market were at 24,998 units, lower by 9 percent over December 2015. Market continues to remain under pressure due to the impact of demonetization, which was felt across segments, particularly in the long haul cargo segment. Read Also: Tata Tiago AMT 2017 model interior spied: Reveals many crucial details
However, the construct segment continued to grow strongly by 22 percent due to increase in road construction as contractors have started on ground execution of projects, the coal & iron ore mining segment is also gaining momentum. Bus sales grew by 59 percent, over last year. Cumulative sales of commercial vehicles in the domestic market for the fiscal were at 230,407 units higher by 1 percent over last year. Read Also: Tata Motors to launch 5 new cars in India in 2017-18
The company’s sales from exports were at 5,119 units in December 2016, a growth of 12 percent compared to 4,557 vehicles sold in December 2015. The cumulative sales from exports for the fiscal were at 48,547 units, higher by 19 percent, over 40,900 units, sold last year.