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Tata Motors closes FY18 with 23% growth over FY17

By Niranjan Mudholkar,

Added 03 April 2018

Registered a growth of 35% in March 2018

Domestic - Passenger Vehicles

Tata Motors' Passenger Vehicles sales performance was at 20,266 units as against 15,433 units, a robust growth of 31% over last year. This was on the back of increasing demand of Tiago and Tigor along with Nexon and Hexa gaining traction in the steadily growing UV Segment. The Passenger Car segment declined by 4% while the UV segment grew by 223% clearly showing a trend of growing customer base for the UV segment. Cumulative sales growth of Passenger Vehicles in the domestic market (April 2017-March 2018) was at 187,321 units compared to 153,151 units, a growth of 22% over last year.

 

Exports

The company's sales from exports in March 2018 was at 6,443 units, a growth of 17% over last year.

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