Tata Motors sales dip 8 pc in June
Automobile major Tata Motors on Saturday reported that its total sales including exports during June declined by nine per cent to 40,358 units from 44,525 vehicles sold during the same month last year.
The automobile major said its domestic sales for last month fell by five per cent to 36,854 units from 38,718 units sold in June 2016.
"Mixed consumer sentiments in June 2017 towards the implications of GST have impacted the passenger vehicles business sales, while the commercial vehicles business grew on month-on month basis, due to BS4 production ramp-up," the company said in a statement.
According to the company, its domestic passenger vehicles sales declined by 10 per cent to 11,176 units compared to 12,482 units sold in June last year.
The domestic sale of its commercial vehicles stood at 25,678 units, down by two per cent over the corresponding period of 2016.
The company's exports declined by 40 per cent to 3,504 units in June 2017 owing to supply constraints.