Tata Motors Ltd. on Tuesday announced it had recorded a 90% rise in sales of passenger vehicles this Navratri, compared to the same period in the previous year.
Tata Motors sold more than 10,000 units during the festive period. Booking list witnessed 15,000 vehicles compared to 7,000 vehicles last year. It comprised car sales of 6,600 and UV sales of 4,200 within 10 days.
The Mumbai based company recently announced that it has touched the four-million mark in cumulative production since inception back in 1991 when the Sierra SUV was first launched. The most recent addition to its offerings is the Tata Altroz.
“Due to this transition from BS 4 to BS 6, there has been a significant escalation in cost. In these trying times customers are not very confident about the outlook how the future is going to be including their salaries and jobs.” “On top of that there has been an increase in vehicle prices. It definitely impacts the industry immensely and any support by the government to reduce GST to offset some of the price increase will definitely boost the whole PV industry.”, Shailesh Chandra, Tata Motors President, told PTI.
