Tata Motors’ market share in commercial vehicles rises to 44% in FY18 on turnaround strategy

Tata Motors president (CVs business) Girish Wagh says reviving the domestic commercial vehicles business was one of the key focus areas in the company’s turnaround strategy. Tata Motors sold a total of 3,76,456 units of CVs in 2017-18 as against 3,05,620 units in 2016-17. The overall industry CVs sales were at 8,56,453 units in 2017-18 as against 7,14,082 units in 2016-17. In terms of market share, Tata Motors increased it to 43.95% in FY18 from 42.79% in FY17.