Tata Motors Records 27% Growth in Domestic Sales in Oct

 Automaker Tata Motors on Tuesday registered a growth of 27% in total domestic sales in the month of October.

The company sold 49,669 units in the outgoing month as compared to 39,152 units sold in October 2019, according to a company release.

In the passenger vehicle segment, domestic sales stood at 23,617 units in October 2020 as against 13,169 units sold in the corresponding month of the previous year, recording an impressive double-digit growth of 79%.

As for the commercial vehicle (CV) segment, the company sold a total of 26,052 units in October 2020 as compared to 25,983 units sold an year ago, witnessing just a marginal increase.

M&HCV sales stood at 5,033 units up by 3% as compared to 4,893 units sold in October 2019 whereas the I&LCV segment witnessed a growth of 12% at 4,286 unit sales in October 2020 as against 3,832 units sold in the same month last year.

Passenger carrier sales tanked by 56% to 755 units as compared to 1,706 unit sales in October 2019.

Meanwhile, CV exports rose by 20% in October 2020 at 2,420 units. The automaker had exported 2,019 units in October 2019.