Tata Motors on Tuesday reported 12 per cent decline in total domestic wholesales at 65,019 units in June as compared with 74,147 units in the same month last year.
Sales of passenger vehicles, including electric vehicles, in the domestic market, were down 15 per cent at 37,083 units as compared with 43,524 units in the year-ago month, Tata Motors said in a regulatory filing.
Total commercial vehicle sales in the domestic market fell 12 per cent to 27,936 units from 30,623 units in June last year.
"With forecasts for a healthy monsoon across the country, reduction in repo rate and renewing thrust on infrastructure development, we expect commercial vehicles volumes to improve progressively in the coming quarters," Executive Director Girish Wagh said.
Tata Motors Passenger Vehicles MD Shailesh Chandra said: " Looking ahead, while overall industry growth is expected to remain subdued, Tata Motors is well positioned to leverage its new launches to outperform across segments-including hatchbacks and SUVs, while continuing to build on the EV momentum."
Sales of passenger vehicles, including electric vehicles, in the domestic market, were down 15 per cent at 37,083 units as compared with 43,524 units in the year-ago month, Tata Motors said in a regulatory filing.
Total commercial vehicle sales in the domestic market fell 12 per cent to 27,936 units from 30,623 units in June last year.
"With forecasts for a healthy monsoon across the country, reduction in repo rate and renewing thrust on infrastructure development, we expect commercial vehicles volumes to improve progressively in the coming quarters," Executive Director Girish Wagh said.
Tata Motors Passenger Vehicles MD Shailesh Chandra said: " Looking ahead, while overall industry growth is expected to remain subdued, Tata Motors is well positioned to leverage its new launches to outperform across segments-including hatchbacks and SUVs, while continuing to build on the EV momentum."
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