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Tata Motors grows by 52% in December 2017

By Niranjan Mudholkar,

Added 02 January 2018

Ends year with strong Commercial and Passenger Vehicles sales performance

Domestic - Passenger Vehicles - In December 2017, Tata Motors' Passenger Vehicles sales performance was at 14,180 units as against 10,827 units, a growth of 31% over last year. The company recorded the highest ever December sales for Passenger Vehicles since 2012 and the retail sales for this month was also the highest in last 6 years. Strong performance of Tiago, Tigor, Hexa and Nexon drove the growth momentum for Tata Motors.

The UV segment recorded a growth of 406% over last year on the back of strong demand of the newly launched Nexon and Hexa. Cumulative sales growth of Passenger Vehicles in the domestic market (April-Dec 2017) was at 129,229 units compared to 112,539 units, a growth of 15% over last year.

 

Exports - The company's Commercial Vehicles sales from exports in December 2017 was at 6044 units, a growth of 26% over last year. This is also the highest sales achieved this year. Market share for Commercial Vehicles International Business in all the key markets continue to remain strong and have further grown during this fiscal year.

END