22 January, 2007
Cumulative sales of commercial vehicles in the domestic market for the calendar year 2006 were 2,83,170 nos., an increase of 43% over 1,98,607 vehicles sold in 2005. M&HCV sales stood at 1,65,362 nos, an increase of 35% over 2005. LCV sales were at 1,17,808 nos., an increase of 55% over 2005.
As part of its on-going launch plan, the Tata Ace, India’s first mini-truck, is being extended across the country.
The company retained its leadership position in the commercial vehicle sector with an overall market share of 64% in 2006, compared to 59% in 2005. The market share for LCVs increased to 66%, compared to 56% in 2005, while M&HCVs registered a 63% market share compared to 62% in 2005.
The passenger vehicle business reported total sales of 2,18,355 vehicles in the domestic market in 2006, an increase of 20% over 1,81,593 vehicles over 2005. The Indica had its highest ever yearly sale at 1,38,537 nos., an increase of 30%. The Indigo range registered sales of 35,483 nos., a decline of 8%. The Sumo and Safari accounted for sales of 44,335 nos., registering a growth of 21%. Safari sales at 11,375 nos. were the highest in any year since launch in 1998.
During the year, the company introduced the Indica V2 Xeta, face lifted Indigo and Indigo Marina range, CNG versions of the Indica and Indigo Marina and a new Safari range.
The company’s overall market share in passenger vehicles has improved to 16.7% in 2006 from 16.4% in 2005. The market share for the Indica increased to 20% in the compact segment, compared to 19.2% in 2005, while the Indigo family registered a 36.3% market share compared to 31.4% in 2005 in the Entry Midsize segment. The market share for Utility Vehicles increased to 21% in 2006 from 20.1% in 2005.
The company exported 53,540 vehicles in 2006 as compared to 45,701 vehicles in 2005, an increase of 17%.