Commenting on the sales performance, Mr. Girish Wagh, Head – Commercial Vehicle Business Unit, Tata Motors, said, “In August, 2017, our commercial vehicles grew by 34% over last year. The increased imposition of restrictions on overloading, growing momentum in the infrastructure, mining and construction segments and continued increasing acceptance of the SCR technology has further boosted the demand in the M&HCV segment resulting in a robust 52% growth. TML performed strongly in the Pickup and SCV segments on the back of the establishment and ramp up of new products such as the Yodha and XL ranges, growing 55% and 25% respectively. In the ILCV segmen,t a strong festive season demand and new product interventions helped deliver a 44% growth in volumes.
In line with our turnaround strategy, we will be introducing new products and will continue to undertake appropriate measures to improve our performance across segments”
Commenting on the sales performance, Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said, “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. With Ganesh Chaturthi, we have entered the festive season and we expect the growth momentum to continue.”
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