TATA drop February sales

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Mumbai:Tata Motors reported a 34 per cent year-on-year decline on Sunday for February 2020 at sale of 18,110 units where the company had a sale of  57,221 units in February 2019.

Company remarked on the decrease in the sale of commercial vehicles and passenger vehicles sales during the season compared to the sale of previous year the same month, passenger vehicles sales at 12,430 units, 31 per cent lower than 18,110.

Tata Motors said in a regulatory filing said Commercial vehicle sales in India dropped to 35 per cent to 25,572 units from 39,111 units sold during the corresponding period last year. And passenger vehicles sales at 12,430 units, 31 per cent lower than 18,110 units sold in the same month last year.

Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors said the company on track for the BS-VI migration, with BS-IV stocks being consumed as per plan and BS-VI production initiated. And the supply disruptions from the novel coronavirus outbreak in China could have some impact on the BS-VI transition and efforts are underway to mitigate the impact.

The outbreak of COVID-19 in China and a recent fire incident at one of our strategic vendors affected the vehicle production and wholesale volume. Multiple actions are being taken to reduce the impact, staying close to our customers by providing transparency of the delivery situation.

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