Tata Motors reports 4 % decline in sales in November

New Delhi, Dec 3 (UNI) India's largest passenger automobile and commercial vehicle manufacturing company Tata Motors recorded a total sale of 46,947 vehicles (including exports) for the month of November 2007, a decline of 4 per cent compared to 49,061 vehicles sold in November last year.

The company, which is the world's fifth largest commercial vehicle manufacturer, said its cumulative sales increased to 3,59,251 units with a growth rate of 0.3 per cent over the last year.

Tata Motors, established in 1945, reported 26,895 unit sales of commercial vehicles in November 2007 in the domestic market, a growth of 4 per cent compared to 25,793 vehicles sold in the same month last year. M&HCV sales stood at 14,426 units, a growth of 0.2 per cent while LCV sales were 12,469 units, a growth of 10 per cent over November 2006.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were 1,86,869 units, a growth of 2 per cent over last year. Cumulative M&HCV sales stood at 97,182 units a decline of 7 per cent over last year, while LCV sales for the fiscal were 89,687 units an increase of 14 per cent over last year.

The passenger vehicle business achieved total sales of 16,322 vehicles in the domestic market in November 2007, a decline of 16 per cent over November 2006. The Indica reported sales of 10,488 units a decline of 19.6 per cent over November 2006. The Indigo family registered sales of 2,014 units, a decline of 29.5 per cent over November 2006. November 2006 had a high base month for car sales in view of the full supply impact post the restoration of the company's paint shop, which had got damaged in a fire in late September 2006. The Sumo and Safari accounted for sales of 3,820 units, a growth of 7 per cent over November 2006.

The new Safari Dicor 2.2 VTT recorded a 55 per cent growth with sales of 1,775 nos.

Cumulative sales of passenger vehicles in the domestic market for the fiscal were 1,36,820 units, a decline of 2.6 per cent over the same period last year. Cumulative sales of the Indica at 90,614 units reported a decline of 1.3 per cent. Cumulative sales of the Indigo family were 18,679 units a decline of 12per cent.

The company reached the landmark of producing a million vehicles off the Indica platform in November 2007, in a period of just under nine years. Cumulative sales of Sumo and Safari were flat at 27,527 units. The Safari recorded a 25per cent growth with sales of 10,695 units.

The company's sales from exports at 3,730 vehicles in November 2007 declined by 1.7 per cent compared to 3,793 vehicles in November 2006. The cumulative sales from exports in the current period at 35,562 units have recorded a growth of 4 per cent over the previous year.

UNI