Tata Motors sales down 48% in September at 36,376 units

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Tata Motors said its commercial vehicle sales in the domestic market last month stood at 24,279 units as compared to 46,169 units in the year-ago month, a decline of 47 per cent.

Exports of commercial vehicles were at 3,800 units in September as against 5,250 units in the same month last year, down 27.6 per cent, it said.

“With the ongoing subdued demand, we continued our focus on system stock correction by driving retail and aligning production,”

Tata Motors President Commercial Vehicles Business Unit Girish Wagh said.

“We are monitoring the impact of the relief package announced by the government, and look forward to improved demand from revival in consumption and spend in infrastructure projects,”

he added.

Source livemint