Tata Motors,Mahindra & Mahindra, Toyota report dip in sales

Tata Motors,Mahindra & Mahindra, Toyota report dip in sales

AgenciesUpdated: Wednesday, May 29, 2019, 08:26 PM IST
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New Delhi: Homegrown automakers Tata Motors and Mahindra & Mahindra (M&M) has reported decline in sales for April, hit by subdued demand in the market. Similarly, Toyota Kirloskar Motor also reported a decline of 22.43 pc in its domestic sales last month. The company said its domestic sales last month stood at 10,112 units against 13,037 units in April 2018, a decline of 22.43 pc.

Tata Motors said its passenger vehicle sales in the domestic market declined by 26 pc to 12,694 units last month, compared to 17,235 units in April 2018. Meanwhile, M&M saw its passenger vehicle sales drop 8.94 pc to 19,966 units in April as against 21,927 units in the year-ago period.

In the two wheeler segment, Bajaj Auto said its domestic motorcycle sales were up 2.5 pc at 2,05,875 units in April as against 2,00,742 units in the year-ago month. TVS Motor Company also posted 3 pc increase in its domestic two-wheeler sales at 2,48,456 units last month, up 3 pc from 2,41,604 units in the same month last year.

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