Tata Motors' sale declines 0.4% in August

By Staff
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Google Oneindia News

New Delhi, Sept 3 (UNI) Tata Motors has registered a 0.4 per cent decline in its total sale at 45,144 vehicles including exports in August, compared to 45,325 vehicles over the same period last year.

The company's commercial vehicles sales in the domestic market rose 1.6 per cent to 23,431 units from 23,069 units a year earlier, while sales of cars and utility vehicles fell 5 per cent to 16,620 units.

Exports in August rose eight per cent to 5,093 vehicles from 4,715.

Its cumulative sales at 2,14,603 units reported a marginal decline of 0.8 per cent, company said in a statment.

The domestic market continues to be sluggish, due to the high interest rate regime, continuing to affect retails.

M&HCV sales stood at 11,625 units, a decline of 13.6 per cent over August 2006, while LCV sales were 11,806 nos, a growth of 23 per cent over August 2006.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were 1,05,835 units, a decline of 1.8 per cent over last year.

Cumulative M&HCV sales stood at 54,647 units, a decline of 12 per cent over last year, while LCV sales for the fiscal were 51,188 units, an increase of 12.4 per cent over last year.

UNI

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