3 per cent decline in selling: Tata Motors

By Staff
|
Google Oneindia News

Kolkata, Sep 2: Tata Motors reported a three per cent decline in selling of its vehicles at 43,576 units in August, 2008, compared to 45,132 vehicles sold same month last year. A company release said, however, the cumulative sales for Tata Motors were at 216,038, a growth of 1 per cent.

The company's sales of commercial vehicles in domestic market were 23,231 numbers, also a decline of 1 per cent compared to 23,419 vecicles sold in August last year. LCV sales were at 13,088, a growth of 11 per cent over August 2007 and M &HCV sales stood at 10,143, a decline of 12.7 per cent over August 2007. Cumulative sales of commercial vehicles in the domestic market for the fiscal were 117,092, a growth of 11 per cent over 105,825 vechiles sold last year. Cumulative M &HCV sales stood at 56,075, a growth of 3 per cent over last year, while LCV sales for the fiscal were 61,017, a growth of 19 per cent over last year.

Sales in the passenger vehicles were 15,573 in the domestic market in August, a six per cent decline over 16,620 vehicles sold in August last year.

The Indica sales of 7,756, declined by 31.9 per cent over August 2007 on the back of the announcement of the next generation Indica Vista in the last week of August.

The new generation Indica Vista, which went on showroom display in August, has received an extremely encouraging response from the market and the numbers of the Indica range should start looking up from September onwards as the retail activity commenced in September.

It is expected the demand of the Indica Vista will run ahead of availability in the next few months.

The Indigo family recorded sales of 4,460, a 104 per cent growth over August 2007. The Sumo and Safari accounted for sales of 3,357, an 11 per cent growth compared to August 2007.

Cumulative sales of passenger vehicles in the domestic market for the fiscal in the first five months were 81,319 units, a decline of 4.9 per cent over the same period last year.

Cumulative sales of the Indica at 40,957 nos, reported a decline of 28 per cent, driven by the maturity of the Indica range and news about the launch of the Indica Vista.

Cumulative sales of the Indigo family were 21,999, a growth of 84 per cent. Cumulative sales of Sumo and Safarui were 18,363 now, a growth of 12 per cent.

Exports at 4,772 vehicles in August 2008 declined by 6 per cent compared to 5,093 vehicles in August 2007. The cumulative sales from exports for the fiscal at 17,627 nos, declined by 24 per cent over 23,297 nos in the same period last year.

UNI

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X