Indian auto majors Tata Motors and Mahindra & Mahindra registered negative growth of 4% and 8% respectively in overall sales for the month of December 2015 compared to the same month previous year. While Tata’s passenger vehicle segment proved to be the weakest division, Mahindra’s commercial vehicle division suffered last month.
Let’s start with Tata Motors. The country’s largest automaker sold 39,973 units last month including passenger and commercial vehicles (both domestic sales and exports). In December 2014, the company managed 41,734 units. At 37,776 units, sales in the domestic market fell by 6% compared to the same period last year.
The company’s medium and heavy commercial vehicle division registered a year-on-year growth of 2% last month at 12,673 units while the light and small commercial vehicle division posted a healthy 11% growth at 14,674 units (against the recent trend). However, the company’s passenger vehicle sales declined by a steep 33% YoY at 8,069 number. The Tata Zica small car which is scheduled to be launched soon has its work cut out.
Coming to Mahindra, the UV specialist registered a negative YoY growth of 8% in overall sales at 36,328 units last month. Mahindra sold 17,311 units of passenger vehicles last month which is 5% better than the same month last year but the four-wheeled commercial vehicle sales and exports were down by 15% and 32% respectively. The company is preparing to launch the KUV100 mini crossover on January 15.