Tata Motors domestic July 2019 sales down by 34 pc

20190802

Mumbai  Tata Motors Commercial and Passenger Vehicles Business sales in the domestic market witnessed a drop of 34 per cent at 32,938 units compared to 50,100 units sold over last year as subdued demand continued in July 2019.  Tata Motors' Commercial Vehicles (CV) domestic sales in July 2019 at 22,453 units registered a drop of 36 per cent compared to 34,817 units sold last July. The M&HCV truck segment July 19 sales at 5,465 units has declined by 46 per cent over July 18. I&LCV truck segment sales in July at 3,167 units dropped by 21 per cent over last July. The SCV and pickup segment registered sales at 10,937 units in July 2019, a drop of 30 pc over last July and the commercial passenger carrier segment July'19 sales at 2,884 units registered a drop of 42 pc over July 2018. Leaving aside the small commercial passenger segment, sales was at 2700 units in July 2019 a marginal growth of 2.7 pc over July 2018. Amidst challenging current environment our overall progress for BSVI transition is on track, in terms of product readiness and certification, as well as field preparedness. This month was also very special for us as we witnessed two important milestones - the roll out the 100,000th Nexon and the celebration of 10,000 customers for the Harrier with the launch of its new dual tone version. The company's sales from exports (from CV and PV) in July 2019 was at 3,374 units, lower by 32 pc over July 2018. The focus has been to correct the stocks in SAARC, Middle East and key markets in Africa. Amidst drop in total industry volumes, we managed to maintain & increase market share in most of our focus markets.

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