2 May, 2015
Tata Motors saw strong growth in certain key segments, as passenger cars (excluding UV’s), M&HCV and Exports grew by 58%, 21% and 18%, respectively, year-on-year; with the total commercial and passenger vehicles sales (including exports) in April 2015 of 36,205 vehicles, a growth of 7% over 33,962 vehicles sold in April 2014. The company’s domestic sales of Tata commercial and passenger vehicles for April 2015 were 32,419 nos., a growth of 5% over 30,740 vehicles, sold in April 2014.
In April 2015, Tata Motors passenger vehicles recorded sales of 10,230 nos., a growth of 37%, compared to 7,441 nos., sold in April 2014.
The trend of growth in passenger vehicles continued – with strong sales of Zest and Bolt. While the sales of the passenger cars in April 2015 was 8,925 nos., higher by 58%, over April 2014, UV sales declined by 27% at 1,305 nos., in April 2015.
The company’s sales of commercial vehicles in April 2015 in the domestic market were at 22,189 nos., lower by 5%, over April 2014. LCV sales were at 12,010 nos., a decline of 19% over April 2014, while M&HCV sales continued to show growth at 10,179 nos., higher by 21%, over April 2014.
The company’s sales from exports were 3,786 nos., in April 2015, higher by 18% compared to 3,222 nos. sold in April 2014.
About Tata Motors
Tata Motors Limited is India’s largest automobile company, with consolidated revenues of INR 2,32,834 crores (USD 38.9 billion) in 2013-14. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. 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 8 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top in passenger vehicles. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, CIS and Russia.