1 February, 2020
Ready for a smooth BSVI transition. Focus continues on retail sales and reducing system inventory
Tata Motors Limited today announced its sales in the domestic & international market, for the month of January 2020, which stood at 47,862 vehicles, compared to 58,185 units during January 2019.
Domestic Sales Performance:
|Jan ’20||Jan ’19||% Change||FY20||FY19||% Change|
|Total Domestic Sales||45,242||54,915||-18%||393,038||552,887||-29%|
Domestic – Commercial Vehicles:
Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Commercial vehicle domestic sales in January ’20 was ~15% lower than last year. Retail was ahead of wholesale for 7th straight month in a row, helping further stock reduction, as we move closer to BSVI transition. With increasing buying interest, particularly amongst fleet owners, the M&HCV sale in January’20 was second highest in last seven months. In Small commercial vehicles, the buying interest continued to be better than other segments, resulting in a y-o-y growth of 2%.”
|Category||Jan’20||Jan’19||% change||FY20||FY19||% Change|
|I & LCV||3,827||4,999||-23%||37,560||45,249||-17%|
|SCV & Pick up||16,941||16,619||+2%||142,523||167,346||-15%|
Total MHCVs sales in January including MHCV Truck, Buses and International Business stood at 9,706 units compared to 14,256 units last year.
Domestic – Passenger Vehicles:
Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors Ltd. said, “We launched Altroz and the refreshed versions of other BS6 models in January. All these products are safest in their respective segments. We are confident that this NEW FOREVER portfolio of Tata Motors will set new industry standards. Within the 10 days of launch, Altroz, has built a strong order book which we are preparing to serve. All our products are now converted to BSVI and our network stock of BSIV is low, we are well placed as per as BSIV to BSVI transition
We continued to build our EV portfolio with the highest ever sales of EVs with the launch of long range Tigor EV and Nexon EVs.”
|Category||Jan ’20||Jan ’19||% Change||FY20||FY19||% Change|