Tata Motors registered domestic sales of 11,012 units in March 2020
Mumbai/IBNS: Automobile major Tata Motors Limited on Wednesday announced its sales in the domestic and international market, for the month of March 2020, which stood at 12,924 vehicles, compared to 74,679 units during March 2019.
Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Cumulatively, commercial vehicle domestic sale for FY20 at 3,10,855 units was -34% lower than FY19."
"Retail was 16% higher than offtake for the entire year. Domestic sales in March 2020 was 5,336 units, deeply impacted by the COVID 19 lockdown as well as the planned transition to BSVI. Retail sales was significantly ahead of wholesales (>300%). Almost all BSIV vehicles in the ecosystem have been retailed, however, some await registration which was halted due to the lockdown. This will be cleared in the window provided. Productionization of BSVI vehicles was on track and we have wholesaled the initial few BSVI vehicles," Wagh said.
He said: "Our focus is to secure the extensive business continuity plan including ensuring full support to all our customers in need, particularly those who are transporting the essential goods during this challenging period.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.