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TATA Motors expects 50pct jump in LCV sales

TATA Motors said it is expecting over 50% jump in the sale of its Ace family light commercial vehicles in the current fiscal, on account of robust demand. This translates into upto 250,000 units for sale.

Mr Sandeep Kumar Head (Sales Commercial Vehicles) of TATA Motors told reporters that "Last year, we sold about 160,000 unit of our Ace family. This fiscal we are targeting upto 250,000 unit, including exports."

TATA Motors will launch two light commercial vehicles Venture and Iris early next year.

The Ace family comprises light commercial vehicles Magic, Winger and Ace. These are manufactured at the Panth Nagar facility.