Tata Motors Domestic Sales Fall 12% To 44254 Units
Tata Motors Limited has announced its sales in the domestic & international market, for the month of December 2019, which stood at 46,903 vehicles, compared to 54,439 units during December 2018.
The passenger vehicle sales stood at 12,785 units as compared to 14,260 units in the same month year ago, down by 10 per cent
Tata Motors said its commercial vehicle sales stood at 34,082 units as against 40,015 units in the December last year, down by 15 per cent.
Total MHCVs sales in December including MHCV Truck, Buses and International Business stood at 9,657 units compared to 14,374 units last year.
Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors Ltd. said, “Our focus in December has been to drive retail and minimise the network stock in order to facilitate a smooth transition to BSVI. Our marketing campaigns and attractive consumer schemes resulted in the highest retail sales this fiscal. December retail was 83% higher than the off-take and the dealer network stock has been reduced to lowest ever level. Having almost completed our planned production and dispatches of BS IV, we will start moving to BS VI production and dispatches from January and step up our volumes in the coming months.
Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Retail was higher than offtake by ~13% in December, with further stock reduction, as we move closer to BSVI transition. Overall sales continued to grow for second month in a row, with Medium and Heavy Commercial vehicle sale being higher than November’19 by 15% after posting a ~23% growth last month. Enquiries continued to increase gradually, with fleet owners realizing the economic benefits of replacement of their older vehicles now. Increasing enquiries and lower stocks augur well for future volumes and realisation, early indication of which can be seen in December.
