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Tata Motors' May sales down 4%

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IANS New Delhi

Automobile major Tata Motors on Thursday reported that its total sales for last month fell by four per cent to 38,361 units from 40,123 units sold in May 2016.

According to the automobile major, its domestic passenger vehicles decreased by three per cent to 34,461 units from 35,695 units sold in May 2016.

The company's exports last month declined by 12 per cent to 3,900 units from 4,428 units shipped out in the corresponding month of 2016.

"Tata Motors sales continues to grow on a positive course at the back of strong performance of the new generation cars like Tiago, TIGOR and HEXA," said Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors.

 

"However, the uncertainty and different interpretations of GST will impact the buying sentiment in June 2017."

--IANS

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First Published: Jun 02 2017 | 7:22 PM IST

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