Tata Motors registered total sales of 77,521 units in April 2024
Total passenger vehicle sales rose 2 per cent to 47,983 units last month from 47,107 units in April 2023.
The boards of both companies are reportedly meeting today to greenlight the deal, with an official announcement possibly coming later in the day. The acquisition would see Tata Motors acquire the Turin-based firm, which specializes in trucks, buses, and engines and has a current market capitalization of roughly $4.9 billion.
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Tata Motors reported that its total wholesales rose 11.5 per cent year-on-year to 77,521 units last month as compared with 69,599 units in April 2023.
The company's total domestic dispatches rose 12 per cent to 76,399 units last month as against 68,514 units in April 2023, the auto major said in a statement.
Total passenger vehicle sales rose 2 per cent to 47,983 units last month from 47,107 units in April 2023.
Total commercial vehicle sales stood at 29,538 units last month, a jump of 31 per cent as compared to 22,492 units in April 2023.
