October 2013 Tata Motors 28% sales decline
Tata Motors has reported a 28% decline in total sales during the month of October 2013. Sales during the month totaled 51,638 units while the company had sold 71,771 units in October 2012. Passenger vehicle sales were also down 33% standing at 14,133 units in October 2013 and 21,119 units in October 2012.
Taking sales of commercial vehicles into account, Tata Motors saw sales decline by 30.26%. Domestic sales of commercial vehicles stood at 32,793 units in October 2013 as compared to 47,026 units in the same month in the previous year. LCV sales were 24,858 units while M&HCV sales stood at 7,935 units.
Exports on the other hand saw a significant increase by 29.95% from 3,626 units in October 2012 to 4,712 units in October 2013. Cumulative sales from exports during the entire fiscal stood at 29,747 units.