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Tata Motors commercial, passenger vehicles sales down in April month

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Tata Motors, passenger vehicles, commercial vehicles, domestic vehicles, April month, Business news, Automobile news, Car and bike news

Mumbai: Auto major Tata Motors on Thursday said its April commercial and passenger vehicles sales in the domestic market witnessed a drop of 20 per cent to 42,577 units from 53,511 units sold in the same period last year.

According to the company, weak consumer sentiments continued to hamper sales.

 

Tata Motors, passenger vehicles, commercial vehicles, domestic vehicles, April month, Business news, Automobile news, Car and bike news

 

The company’s passenger vehicles’ domestic sales witnessed a decline of 26 per cent, at 12,694 units, as compared to 17,235 units sold in the like period of last year.

“The ongoing general elections also impacted demand generation in the market,” the company said in a statement.

 

Tata Motors passenger vehicles, commercial market sales in down during April:

 

In the commercial vehicles segment, its domestic sales declined by 18 per cent in April to 29,883 units from 36,276 units sold during the corresponding period of 2018.

 

Tata Motors, passenger vehicles, commercial vehicles, domestic vehicles, April month, Business news, Automobile news, Car and bike news

 

The company’s sales from exports (from both commercial and passenger vehicles) in the last month were at 1,402 units, lower by 53 per cent over last April.

“Several factors like high stocks in Bangladesh because of the contraction in retails during the last quarter due of elections, security concerns in Sri Lanka and slump in Middle East have affected the overall industry volumes in these markets,” the company said.

 

Automobile

India to sale only three wheel electric vehicles by 2023

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Three wheel electric vehicles, Electric vehicles, Air pollution, Automobile industry, Vehicular pollution, Auto mobile sector, Car and Bike

New Delhi: The Government of India has taken initiative to reduce air pollution with idea of manufacturing three wheel electric vehicles. Orders have been given to auto mobile industry to start sale of three wheel electric vehicles by 2023.

Two wheeler with engine capacity of 150cc, which are coming out of showroom has to come in power by electricity from April 2025.

 

Three wheel electric vehicles, Electric vehicles, Air pollution, Automobile industry, Vehicular pollution, Auto mobile sector, Car and Bike

A high level government panel is willing to reduce vehicular pollution for bringing major changes in the country. More than two crore units of vehicles are sold annually, which creates traffic of more than 3 quarter in India.

This decision will not impact the registration of vehicles up to cut-off date as they would already be in action.

 

Only three-wheeler electric vehicles to play on roads by 2023:

 

The Government will provide 4-6 years transition window during which they will provided auto industry some time so that they can recover large amount of money which they will be spending in manufacturing BS-VI complaint vehicles from April next year.

Inter ministerial steering committee Niti Aayog and CEO Amitabh Kant is giving deadline to auto industry for delivering vehicles, school and city buses.

 

Three wheel electric vehicles, Electric vehicles, Air pollution, Automobile industry, Vehicular pollution, Auto mobile sector, Car and Bike

Though, auto mobile industry will find it difficult to complete their work within given time limit.

The committee is putting all their efforts to double subsidy and to make electric three wheelers to Rs 20000 per kilo watt hour so that it could become as affordable as fossil fuel.

Government is contemplating to give strict fuel efficiency rules for petrol and diesel vehicles. The government is also providing financial and other concession for electric segment.

 

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