Tata Motors sales decline 17% in October

Posted By: Religare
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Automobile major, Tata Motors has reported a 17 per cent decline in total sales at 42,819 units in October 2014.

The company had registered sales of 51,638 units in the same month last year, the company said in a filing to the Bombay Stock Exchange.

Domestic sales of Tata commercial and passenger vehicles were down 17 per cent during the month at 38,760 units as against 46,926 units in October last year, Tata Motors said in a statement.

Sales of passenger vehicles in the domestic market in October stood at 11,511 units, down 19 per cent, from 14,133 units in the same month last year.

In the commercial vehicles segment, domestic sales declined by 17 per cent to 27,249 units during the month from 32,793 units in October last year.

Exports during the month stood at 4,059 units as against 4,712 units in the year-ago month, down 14 per cent.

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