2 June, 2008
The company’s sales of commercial vehicles in May 2008 in the domestic market were 23,682 nos., a growth of 15% compared to 20,675 vehicles sold in May last year. M&HCV sales stood at 11,742 nos., a growth of 12% over May 2007, while LCV sales were 11,940 nos., a growth of 17% over May 2007.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 44,683 nos., a growth of 11% over last year. Cumulative M&HCV sales stood at 22,990 nos., a growth of 10% over last year, while LCV sales for the fiscal were 21,693 nos., a growth of 12% over last year. Commercial vehicles launched towards the end of 2007-08 have begun to deliver results, and are expected to facilitate stronger market position.
The passenger vehicle business achieved total sales of 19,234 vehicles in the domestic market in May 2008, a growth of 9% over 17,580 nos. sold in May 2007. The Indica reported sales of 9686 nos., a decline of 19% over May 2007. The Indica LPG was launched during the month, and has received a good response. The Indigo family recorded sales of 4542 nos., a strong 105% growth over May 2007 on the back of good demand for the recently launched Indigo CS. The Sumo and Safari accounted for sales of 5,006 nos., the highest ever for any May since inception, and a growth of 49% compared to May 2007. The Sumo recorded a 70% growth over May 2007, with sales of 3,226 nos., as the Sumo Grande established itself in the market. Safari sales at 1780 nos., grew by 21%.
Cumulative sales of passenger vehicles in the domestic market for the fiscal were 34,077 nos., a minor decline of 1% over the same period last year. Cumulative sales of the Indica at 17,116 nos., reported a decline of 25%. Cumulative sales of the Indigo family were 8,305 nos., a growth of 71%. Cumulative sales of Sumo and Safari were 8,656 nos., a growth of 29%. The Sumo recorded a 48% growth with sales of 5,575 nos., while Safari sales at 3081 nos. grew by 5%.
The company’s sales from exports at 3,423 vehicles in May 2008 declined by 20% compared to 4,303 vehicles in May 2007. The cumulative sales from exports for the fiscal at 5,728 nos. declined by 31% over 8,340 nos. in the same period last year.