1 December, 2014
Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in November 2014 were 41,720 vehicles, a growth of 2% over 40,863 vehicles sold in November 2013. The company’s domestic sales of Tata commercial and passenger vehicles for November 2014 at 37,427 nos., remained flat. While market continues to remain challenged by macroeconomic trends, segments such as M&HCV showed a 39% growth year-on-year. Other segments such as the Sedans continue to show positive growth due to the all-new Zest and Exports have grown in November 2014 by 17%, over last year.
Cumulative sales (including exports) for the company for the fiscal are 321,252 nos., lower by 19% over 397,243 nos., sold last year.
In November 2014, Tata Motors passenger vehicles recorded a growth of 16%, compared to 10,376 nos., sold in November 2013.
The trend of growth in passenger vehicles continued – with the strong Zest and Nano sales. While the sales of the passenger cars in November 2014 were at 10,286 nos., higher by 30% over 7,910 sold in November 2013, the UV sales declined by 30%.
Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 80,187 nos., lower by 15% over last year.
The company’s sales of commercial vehicles in November 2014 in the domestic market were 25,406 nos., a 5% decline compared to 26,816 vehicles sold in November last year. LCV sales were 15,954 nos., a decline of 20% over November last year, while M&HCV sales continued to show growth at 9,452 nos., which is higher by 39%, over November last year.
Cumulative sales of commercial vehicles in the domestic market for the fiscal was 208,397 nos., lower by 23% over last year. Cumulative LCV sales was 132,120 nos., a decline of 33% over last year, while M&HCV sales at 76,277 nos., were higher by 5%, over last year.
The company’s sales from exports were 4,293 nos. in November 2014, grew by 17% compared to 3,671 vehicles in November last year. The cumulative sales from exports for the fiscal at 32,668 nos., was lower by 2% over 33,418 nos., over last year.
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.