PM inaugurates infra projects worth Rs 40000 Crores in Bihar's Purnea (See 'Corp Brief') India positioned to become world's top automobile manufacturer: Gadkari (See 'Corp Brief') Startup India-DPIIT signs MoU with CarDekho Group to strengthen ecosystem in mobility (See 'Corp Brief') Companies Act - If sale of disputed property was done with a fraudulent intention by concealment of fact qua pending winding up petition by directors qua purchasers, then process u/s 531, 531A, 533, 536(2), 537 of Companies Act is frustrated: HC (See 'Legal Desk') Nation gears up for Swachhata Hi Seva 2025 (See 'Corp Brief') EPFO Officer selected for World Bank - Milken Institute Program (See 'Corp Brief') Centre to promote research and preserve Heritage languages and traditions (See 'Corp Brief') Competition Act - Seller's right to withhold any gains from liquidation arises only when buyer refuses to lift contracted material and did not perform his part of contractual obligations: CCI (See 'Legal Desk') 'National Agriculture Conference - Rabi Abhiyan 2025' to begin in New Delhi today (See 'Corp Brief') A country cannot feel sense of pride if own people do not speak native language: HM (See 'Corp Brief') DFS organises PSB Manthan 2025 (See 'Corp Brief') PMLA - If additional proceeds of crime are unearthed by ED during further investigation, then it can inform CBI for taking further necessary action at their end: SAFEMA (See 'Legal Desk') IICA DG highlights ESG Integration and IBC 3.0 at Corp-Con 2025 (See 'Corp Brief') Prajapati Assumes Charge as Director of All India Institute of Ayurveda (See 'Corp Brief') SEBI - Fact that transactions in particular contract were reversed with same counterparty indicates prior meeting of minds with view to execute reversal trades at pre-determined price: SEBI (See 'Legal Desk') Board to Report what's Right what's Not (See CORP EINSICHT)

Tata Motors says February 2021 sales highest in last 9 years

Published: Mar 01, 2021

By TIOLCORPLAWS News Service

NEW DELHI, MAR 01, 2021: IN February, 2021 Tata Motors registered the highest ever sales for passenger vehicles in the past nine years, as their sales more than doubled on an annual basis, the company said in a regulatory filing on Monday.

"Tata Motors registered domestic sales of 58,473 units in February, 2021, a growth of 54 per cent over last year," said the company.

In the domestic and international market combined figures for February, 2021 stood at 61,365 vehicles, compared to 40,619 units during the corresponding period last year.

The total domestic sales for Tata Motors last month stood at 58,473, while it was 38,002 in the corresponding month last year, marking a 54 per cent growth, and 57,742 in January, 2021, marking a 1 per cent month-on-month change.

The total passenger vehicles sales for the Mumbai-based auto maker in February came in at 27,225 units which was a 119 per cent increase year-on-year compared to 12,430 units sold in February 2020.

Maruti Suzuki also posted a 11.8 per cent increase over its February, 2020 figures as the company posted sales of 1,64,469 units last month.

The total sales for Maruti Suzuki include domestic sales of 1,47,483 units, sales to other OEMs 5,500 units and exports of 11,486 units.

TIOL CORP SEARCH

TIOL GROUP WEBSITES