Tata Motors sales cross half a million mark in 2006

Kolkata, Jan 22: For the first time, Tata Motors sales has crossed the half a million mark in a calendar year.

A company release said here today that for the calendar year 2006, the company registered a total sales of 5,55,065 vehicles (including exports), a growth of 30 per cent over 4, 25,901 vehicles sold in 2005.

In the commercial vehicles segment, cumulative sales of commercial vehicles in the domestic market for the calendar year 2006 were 2, 83,170, an increase of 43 per cent over 1,98,607 vehicles sold in 2005.

As part of its on-going launch plan, the Tata Ace, India's first mini-truck, was being extended across the country.

The release further said the company retained its leadership position in the commercial vehicle sector with an overall market share of 64 per cent in 2006, compared to 59 per cent in 2005. The market share for LCVs increased to 66 per cent, compared to 56 per cent in 2005.

It said the passenger vehicle business reported total sales of 2, 18,355 vehicles in the domestic market in 2006, an increase of 20 per cent over 1, 81,593 vehicles in 2005.

The company's overall market share in passenger vehicles has improved to 16.7 per cent in 2006 from 16.4 per cent in 2005.

The company exported 53,540 vehicles in 2006 as compared to 45,701 vehicles in 2005, an increase of 17 per cent.

UNI