Tata Motors announced a strong sales performance for December 2017 as the company's Commercial and Passenger Vehicles domestic sales in December 2017 was at 54,627 units as against 35,825 units in December 2016. This saw a growth of 52 per cent. Tata Motors' passenger car business witnessed sales of 14,180 units in December 2017 as against 10,827 units during the same period last year, thereby registering a growth of 31 per cent. 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. This was thanks to the strong performance of the Tiago and the newly launched Tigor, Hexa as also Nexon.
The UV segment recorded a growth of 406 per cent over last year and this is all thanks to the launch of the Hexa and the subcompact SUV Nexon. Cumulative sales growth of Passenger Vehicles in the domestic market from April to December 2017 was at 129,229 units compared to 112,539 units, a growth of 15 per cent over last year.
Tata Motors' Commercial Vehicles domestic sales in December 2017 were at 40,447 units, a growth of 62 per cent compared to 24,998 units in December 2016. The M&HCV trucks segment continues its growth trend with robust sales at 15,828 units, higher by 83 per cent, over last year.
The company's Commercial Vehicles sales from exports in December 2017 was at 6044 units, a growth of 26 per cent 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.
