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Tata Motors stuck with half of Rs 5400 cr unsold commercial vehicles

Tata Motors stuck with half of Rs 5400 cr unsold commercial vehicles

Monday, April 3, 2017, 3:28 PM

Commercial vehicle companies were not as lucky as two-wheeler manufacturers as at least half of their BS-III stock remains unsold which are collectively worth more than Rs 5,400 crore. Despite offering sky-high discounts during the last two days of March the commercial vehicle industry is saddled with stocks of 40,000-45,000 unsold BS-III trucks and buses.
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