Tata Motors record 6% increase in October 2012 sales: Nano sales up 4%
Tata Motors, India’s largest automobile company and country’s market leader in commercial vehicles has recorded a 6% increase in sales during the month of October…
Taking only domestic sales during October 2012 into account, the company recorded sales at 68,145, up 7% against 63,837 units sold in the same month in the previous year. Sales during the current fiscal stood at 481,668 units up 3% as compared to 467,669 units recorded in the previous fiscal.
Where sales of passenger vehicles of Tata Motors were concerned October 2012 saw sales stand at 21,119 units, down 16% over 25,124 units sold in October 2011. Sales of Tata Nano increased 4% but sales in the Indica range decreased 38% to only 6,692 units as compared to 10,812 units in October 2011. Sales of Tata Motors SUVs such as Sumo, Safari and Aria vehicles too were higher by 12% and stood at 4,675 units as compared to 4,176 units sold in October 2011.
Exports dipped 13% during October 2012. Exports during the month stood at 3,626 units while in October 2011 this figure was at 4,717 units. Taking the fiscal into account, exports dipped 11% to 31,375 units as compared to 35,249 units in the same period in the previous year.
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Auto News Release
Tata Motors October sales grow by 6%
Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in October 2012 were 71,771 vehicles, higher by 6%, over October 2011. The company’s domestic sales of Tata commercial and passenger vehicles for October 2012 were 68,145 nos., higher by 7%, over 63,837 nos., sold in October last year.
Cumulative sales (including exports) for the company for the fiscal were 481,668 nos., higher by 3%, over 467,669 nos., sold last year.
Commercial Vehicles
The company’s sales of commercial vehicles in October 2012 in the domestic market were 47,026 nos., a 21% growth, compared to 38,713 vehicles, sold in October last year. LCV sales were 34,905 nos., a growth of 59%, compared to 21,890 vehicles sold in October last year. M&HCV sales stood at 12,121 nos., lower by 28%, compared to 16,823 vehicles sold in October last year.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 298,532 nos., a growth of 6% over last year. Cumulative LCV sales were 208,715 nos., a growth of 24% over last year, while M&HCV sales stood at 89,817 nos., lower by 21%, over last year.
Passenger Vehicles
Sales of passenger vehicles for October 2012 were at 21,119 nos., lower by 16%, over 25,124 nos., sold in October last year. There has been encouraging response to the Tata Manza Club Class, now available across the country, and the Tata Safari Storme, now available in the NCR region, Chandigarh and Lucknow. Sales of the Tata Nano were 4,004 nos., higher by 4%, compared to 3,868 nos., sold in October last year. The Indica range sales were 6,692 nos., lower by 38%, over 10,812 nos., sold in October last year. The Indigo range recorded sales of 5,748 nos., lower by 8%, over 6,268 nos., sold in October last year. The Sumo/ Safari/ Aria/ Venture range sales were 4,675 nos., higher by 12%, over 4,176 nos., sold in October last year.
Cumulative sales of passenger vehicles were 151,761 nos., higher by 1%, compared to 150,572 nos., sold till October last year. Cumulative sales of the Nano were at 43,627 nos., higher by 31%, over 33,245 nos., sold till October last year. Cumulative sales of the Indica range were at 48,783 nos., lower by 6%, over last year. Cumulative sales of the Indigo family were 29,623 nos., lower by 23%, over last year. Cumulative sales of the Sumo/Safari/ Aria/ Venture range were 29,728 nos., higher by 11%, over last year.
Exports
The company’s sales from exports at 3,626 vehicles in October 2012 were lower by 13%, compared to 4,171 vehicles, in October last year. The cumulative sales from exports for the fiscal were 31,375 nos., lower by 11%, over 35,249 nos., sold in the same period last year.
About Tata Motors
Tata Motors is India’s largest automobile company, with consolidated revenues of Rs. 1,65,654 crores ($ 32.5 billion) in 2011-12. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain and South Africa. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 7.5 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world’s fourth largest truck and bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America.
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