Tata Motors doubles UV market share with Nexon
Tata Motors records speedy growth in first seven months of FY2019 with the Nexon taking charge of its UV sales and accounting for nearly 80 percent to Tata’s overall UV volumes.
15 Nov 2018
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With passenger vehicle sales taking the slow lane in Q2 of FY2019, India Auto Inc has witnessed some tough times of late, aggravated by rising fuel prices which have clearly had an impact on UV numbers. With the PV segment cumulatively clocking sales of 2,028,529 PVs between April and October 2018 (April-October 2017: 1,911,883 / +6.10%), UV sales are moderating at single-digit growth of 5.19 percent with overall volumes of 546,833 units (April-October 2017: 519,849).
Fuel prices, which touched as high as Rs 91.34 a litre in Mumbai on October 4, and diesel soaring to Rs 80.10 a litre ...
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