Tata Motors Sales Declined By 25% In November
Tata Motors Limited has announced its sales in the domestic & international market, for the month of November 2019, which stood at 41,124 vehicles, compared to 55,074 units during November 2018.
Total M&HCVs sales in November including M&HCV Truck, Buses and International Business stood at 7,736 units compared to 13,162 units last year.
According to Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors Ltd., “After an encouraging festival period, in November, industry declined sharply. In addition, industry is also preparing for the BSVI transition. In line with our strategy to focus on retails, we have further enhanced our network coverage. Our retail sales were more than wholesales by 15%, which has helped us to reduce the network stock by 35% in this fiscal. We will continue with these steps that make our network agile and profitable. We are ready for the transition to BSVI with enhanced models in both petrol and diesel options and have a slew of exciting new product launches in the coming months like Nexon EV, Altroz and Gravitas."
