The previous financial year (FY18) belonged to Tata Motors in more ways than one. The country’s biggest commercial vehicle maker reclaimed leadership position in the light commercial vehicle (LCV) space from rival M&M after a gap of two years. Besides, the Mumbai-headquartered company also overtook Japanese car maker Honda to occupy the fourth spot in the domestic passenger vehicle market.
Making the most of a revival in demand for LCVs, Tata Motors closed the year with a 33 per cent jump in domestic sales. Against a volume of 156,719 units in FY17, sales of these vehicles jumped to a total