Tata Motors CV sales declined by 20% in April 2019

Tata Motors’ sales of commercial and passenger vehicles declined 20 per cent in April to 42,577 units as weak consumer sentiment continued. Tata Motors’ sales had stood at 53,511 units in the corresponding period a year ago. In a regulatory filing, the Mumbai-based car and truck manufacturer said its commercial vehicle sales were at 29,883 units last month, down 18 per cent from 36,276 units in April 2018. The postponement of demand due to general elections also impacted commercial vehicle sales.

Sales of medium and heavy commercial vehicles (M&HCV) dropped 33 per cent to 9,403 units in April 2019, as against 14,028 units in the corresponding period a year ago.

In the tipper segment, Tata Motors sold 3,428 units in April 2019, which marked an increase of 1 per cent over the year-ago period.

The commercial passenger carrier segment, sales in the domestic market came in at 2,983 units in April 2019, down 33 per cent compared to April 2018.

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