Tata Motors : TTMT’s sales improved in November 2014, reporting its first month of growth after a gap of two years. Overall sales grew marginally by 2% yoy to 41,720 units. Growth was led by the PV segment which grew in strong double digits by 16% yoy. An encouraging response for the recently launched Zest boosted sales. Also, decline in CV sales moderated to 5%. The MHCV segment continued on the recovery path, posting a growth of 39%. The LCV segment continued to decline due to sluggish industry and market share loss; however the pace of decline has moderated. TTMT aims to launch the new compact car “Bolt” in 4QFY2015, which would improve its PV sales ...
Posted on: Sun, 07 Dec 2014 11:30:00 +0000
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