Posts

Showing posts with the label million sales record

First Indian Company to Million Vehicle Sales - Great Tata Motors

First Indian Company to Million Vehicle Sales - Great Tata Motors After acquisition of Jaguar Land Rover(JLR), Tata Motors has suffered with many issues in the Automotive Industry. The Chinese trade policy and the Brexit deal in the United kingdom were downgraded the JLR Brand. Tata Motors reported its net loss of Rs. 26,000 Crore in its Consolidated Revenue, in the last quarter - Q3FY19. However, the company alone itself had taken a net profit of Rs. 618 Crore and revenue of 16,200 Crore rupees in the last quarterly results. The Tata Motors alone profit was six times more than the Q2FY19 net profit. In the year of 2018, Tata Motors reaches the One Million Vehicle Sales Record and achieved this position as it is ranked 16th in the Automobile industry globally. T he company has sold 10.49 lakh (One Million) Vehicles worldwide in 2018. Tata Motors was the first company to sell over one million vehicles in a single year. The Vehicle sales came from Light Vehicles include Cars, Vans, Small