ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Companies News

Tata Motors November sales hit by demonetisation; CV sales drop 17%

The passenger car sales continued its growth momentum due to strong demand for the Tata Tiago, the company said.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Tata Motors November sales hit by demonetisation; CV sales drop 17%
The company’s sales from exports was at 5,626 units in November, 2016. Photo: IANS

Tata Motors' sales remained flat at 38,900 units in November, 2016 as against 38,918 vehicles during the same period last year due to demonetisation.

"The impact of demonetization was felt across all segments. Sales of Tata Motors Light and Small Commercial Vehicles, dropped by 13% over November 2015, last year. Buses segment reported a growth of 60%, whilst MH&ICV Cargo sales on a much larger base, saw a drop of 28%, with long haul cargo operators being severely affected by cash crunch and deferring purchases".

The company’s domestic sales of Tata commercial and passenger vehicles for last month was at 33,274 units, a decline of 6%, over November 2015. 

Here are some vehicle-wise performence of Tata Motors mentioned below: 

Cumulative sales (including exports) of the company for the fiscal was at 3,50,549 units, higher by 8% over 3,24,966 vehicles, sold last year.

Last month, Tata Motors passenger vehicles, in the domestic market, recorded sales at 12,736 units, with a growth of 22%, compared to 10,470 units, sold in November
2015. 

The passenger car sales continued its growth momentum due to strong demand for the Tata Tiago, the company said.

Under commercial vehicle segment, sales in November 2016, in the domestic market were at 20,538 units, lower by 17% over November 2015. 

The company’s sales from exports was at 5,626 units in November, 2016, a jump of 57% compared to 3,573 vehicles sold in November 2015. The cumulative sales from exports for the fiscal was at 43,428 vehicles, higher by 19%, over 36,343 units, sold last year.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Tata MotorsTata Motors November salesAutoDemonetisationcommercial vehiclesTata Motors exports
Written By: ZeeBiz WebTeam
Updated: Fri, Dec 02, 2016
03:41 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Jaguar Land Rover says interest rate hikes, inflationary pressures across geographies may dent demand Jaguar Land Rover says interest rate hikes, inflationary pressures across geographies may dent demand
Your Tata Tiago, Harrier, Safari, and Punch will cost more from February  1 Your Tata Tiago, Harrier, Safari, and Punch will cost more from February 1
Tata Motors zooms as carmaker woos Street with a return to profit after two years of losses Tata Motors zooms as carmaker woos Street with a return to profit after two years of losses
Tata Motors Q3 result: Automaker back in black with net profit of Rs 2,958 crore Tata Motors Q3 result: Automaker back in black with net profit of Rs 2,958 crore
Q3 Results Preview: Tata Motors set to report profit; Bajaj Auto's December quarter net profit to jump over 12% Q3 Results Preview: Tata Motors set to report profit; Bajaj Auto's December quarter net profit to jump over 12%

LATEST NEWS

Feeding of fake notes in coin vending machines led to launch UPI-based alternative: RBI

Buy ITC share, price target Rs 420: ICICI Securities

GST on cement: FM Nirmala Sitharaman makes big statement

LIC WhatsApp Number, Registration: Check policy details, due dates and bonus status on phone

PM Modi wears jacket made from recycled plastic - PHOTO

Gold Price Today (February 8): Yellow metal gains as US dollar retreats on Powell's less-hawkish stance - Check rate in Delhi, Mumbai and other cities

Citroën E-C3 unveiled in India: Check range, features, specifications, charging, warranty details and more

France's Total puts hydrogen partnership with Adani on hold for now

Turkey, Syria earthquake death toll mounts to 8,364

Sebi moots institutional mechanism for stock brokers to curb market abuse

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV