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Tata Motors’ global wholesale numbers rise
November 11, 2017
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MUMBAI: Automobile major Tata Motors Group on Friday reported a rise of 2.7 per cent in its global wholesale numbers, including Jaguar Land Rover, for October.

According to the group, the numbers increased to 103,761 units last month over October 2016.

“Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in October 2017 were at 37,400, higher by 1.3 per cent, over October 2016,” the company said in a statement.

“Global wholesales of all passenger vehicles in October 2017 were at 66,361, higher by 3.5 per cent, compared to October 2016.”

Meanwhile, sales of domestic passenger cars declined by 5.32 per cent in October, as compared to the same period last year, industry data showed on Friday.

According to the Society of Indian Automobile Manufacturers (SIAM) data, 184,666 passenger cars were sold in October 2017, down from 195,036 in October 2016.

However, the off-take of other sub-segments of passenger vehicle category such as utility vehicles edged-higher by 12.44 per cent during the month to 79,323 units while sales of vans rose by 4.97 per cent to 15,848 units.

Consequently, the overall domestic passenger vehicle sales slipped by 0.30 per cent in October 2017 to 279,837 units from 280,677 units sold during the corresponding period in 2016.



Indo-Asian News Service


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