ANI
01 Jul 2025, 16:43 GMT+10
Mumbai (Maharashtra) [India], July 1 (ANI): Tata Motors reported total sales of 2,10,415 units in the first quarter of FY26, marking a 9 per cent decline from 2,29,891 units in the same period last year.
According to the numbers released by Tata Motors, in Q1 FY26, commercial vehicle (CV) sales stood at 85,606 units, down 6 per cent year-on-year. Passenger vehicle (PV) sales also dipped by 10 per cent to 1,24,809 units compared to Q1 FY25.
The company's domestic sales of medium and heavy commercial vehicles (MH&ICVs) in June 2025 were 12,871 units, a drop from 14,640 units in June 2024. Total MH&ICV sales, including international markets, for the quarter stood at 40,401 units, slightly down from 41,974 units a year ago.
Girish Wagh, Executive Director, Tata Motors Ltd said, '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. We remain focused on driving our demand-pull strategy and deepening customer engagement to deliver greater value and tailored solutions that help our customers grow their business.'
Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd said, 'Tata Motors reported wholesales of 124,809 units in Q1 FY26, including 16,231 EV units, underscoring our commitment to aligning wholesale and registration volumes. EV sales gained strong momentum towards the end of the quarter with a healthy growth trajectory.'
He added, 'The refreshed Tiago posted 16 per cent year-on-year volume growth in Q1 FY26 and new launches--Altroz and Harrier.ev-- saw a positive market response, with their full impact expected in the coming months. 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.' (ANI)
Get a daily dose of Scotland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Scotland Star.
More Information]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
LONDON, U.K.: A little-known investment fund based in the United Arab Emirates has emerged as the most prominent public backer of U.S....
DUBLIN, Ireland: Post-tax profits at Ballymaloe Cookery School rose by 53 percent in 2024 to 135,952 euros, helped by the buzz around...
(New York) - China's government has erased Hong Kong's freedoms since imposing the draconian National Security Law on June 30, 2020,...
The UK government wants a new definition of Islamophobia and has created a working group of politicians, academics and independent...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
DOVER, Delaware: California Governor Gavin Newsom has taken legal aim at Fox News, accusing the network of deliberately distorting...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
TORONTO, Canada: Harvard University and the University of Toronto have created a backup plan to ensure Harvard graduate students continue...
JERUSALEM, Israel: Israeli Prime Minister Benjamin Netanyahu says that Israel's success in the war with Iran could open the door to...