Tata Motors expects PV retail sales to sustain growth momentum in Q3

Quick Summary:

Tata Motors is expecting passenger vehicle (PV) retail sales to maintain growth momentum in the ongoing quarter driven by year-end demand, according to a top company executive.

As per FADA data, festive demand helped PV retail sales rise 32 per cent year-on-year (YoY) to 4,83,159 units in October.

The Mumbai-based auto major saw its PV volumes decline 6 per cent YoY to 1,30,500 units in the July-September period hit by tepid demand.

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Category: BusinessFinance

Markets: India

Topics: Tata Nano Analyst NIFTY 50 Few white space products Girish Wagh Retail sales Tata Motors Mumbai Sierra EV Major Finance cost Tata Motors Cars Company executive Executive Director Shailesh Chandra

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 13:17:10 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 21 lines

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News ID: 23626152

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