After selling over 16,000 cars last month, Tata Motors has overtaken Honda to become the fourth largest carmaker in India.
Tata Motors has overtaken Honda to become the fourth largest carmaker in India after selling 16,311 units last month, which represents a growth of 28 percent compared to the 12,747 units it sold in October 2015.
The prime reason for the growing sales is the high demand for the Tata Tiago, with 50,000 units of the hatchback having already been booked. Meanwhile, the sales of the Zest are also at an all-time high and with the upcoming Hexa SUV already getting 250 bookings despite the official launch being next year, things are only expected to get better.
Tata Motors has also been helped by its rivals’ mediocre sales in October. Honda reported a slump of 23 percent, while Toyota and Ford also saw demand for their cars going down. The festive season of Diwali and Dussehra is touted as the golden period for automakers in India, so it’s a bit surprising to see the likes of Honda and Toyota not doing well.
Tata Overtakes Honda
– The Indian company sold 16,311 cars in October 2016
– Sales driven by high demand for the Tiago hatchback
– Honda recorded a drop of 23 percent in sales last month