Tata Motors : registered domestic sales of 44,254 units in December 2019
January 01, 2020 at 08:02 pm IST
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1 January, 2020
Ready for an exciting product offensive as we transition to BSVI
Tata Motors Limited today 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.
Domestic Sales Performance:
Dec '19
Dec '18
% Change
FY20
FY19
% Change
Total Domestic Sales
44,254
50,440
-12%
347,796
497,972
-30%
Domestic - Commercial Vehicles:
Mr. 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.
Category
Dec'19
Dec'18
% change
FY20
FY19
% Change
M&HCV
6,957
11,506
-40%
60,231
111,647
-46%
I&LCV
4,290
4,846
-11%
33,733
40,250
-16%
SCV & Pick up
16,929
16,367
3%
1,25,582
1,50,727
-17%
Passenger Carriers
3,293
3,461
-5%
29,053
38,951
-25%
Total Domestic
31,469
36,180
-13%
2,48,599
3,41,575
-27%
CV Exports
2,613
3,835
-32%
23,032
39,609
-42%
Total CV
34,082
40,015
-15%
2,71,631
3,81,184
-29%
Total MHCVs sales in December including MHCV Truck, Buses and International Business stood at 9,657 units compared to 14,374 units last year.
Domestic - Passenger Vehicles:
Mr. 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 despatches of BS IV, we will start moving to BS VI production and despatches from January and step up our volumes in the coming months.
We unveiled our first premium hatchback 'Altroz' and Nexon EV and received an overwhelming response. We are gearing up for theirmarket launch now. We are marching into the new year with an exciting product pipeline. We expect a gradual improvement in consumer sentiments and are well positioned to leverage the same'
Category
Dec '19
Dec '18
% Change
FY20
FY19
% Change
Total PV
12,785
14,260
-10%
99,197
156,397
-37%
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Disclaimer
Tata Motors Limited published this content on 01 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 January 2020 14:30:59 UTC
Tata Motors Limited is the Indian leader in automotive construction. Net sales break down by activity as follows:
- sale of vehicles (83.6%): utility vehicles (366,909 units sold in 2020/21), commercial vehicles (257,136 sold) and passenger vehicles (213,738 units sold) marketed under the Tata, Fiat, Jaguar and Land Rover brands;
- sale of spare parts (9.9%);
- sales financing services (1.6%);
- other (4.9%): manufacturing of construction equipment, electronic and plastic components, etc.
Net sales are distributed geographically as follows: India (20.2%), the United Kingdom (14.9%), Europe (13.6%), the United States (18.8%), China (17.9%) and other (14.6%).