Tata Motors expects 50% jump in LCV sales on robust demand

Tata Motors today said it is expecting over a 50 per cent jump in the sale of its Ace family light commercial vehicles (LCV) in the current fiscal, on account of robust demand.

Tata Motors today said it is expecting over a 50 per cent jump in the sale of its Ace family light commercial vehicles (LCV) in the current fiscal, on account of robust demand.

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This translates into upto 2.5 lakh units for sale. "Last year, we sold about 1.6 lakh unit of our Ace family. This fiscal we are targeting upto 2.5 lakh unit, including exports," Tata Motors Head (Sales Commercial Vehicles) Sandeep Kumar said.

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.

The company today launched a new variant of its Winger, priced between Rs 6.98 lakh- Rs 7.35 lakh.