1 July, 2008
The company’s sales of commercial vehicles in June 2008 in the domestic market were 26,797 nos., a growth of 25% compared to 21,417 vehicles sold in June last year. M&HCV sales stood at 12,845 nos., a growth of 9% over June 2007, while LCV sales were 13,952 nos., a growth of 45% over June 2007.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 71,480 nos., a growth of 16% over last year. Cumulative M&HCV sales stood at 35,835 nos., a growth of 10% over last year, while LCV sales for the fiscal were 35,645 nos., a growth of 23% over last year.
The passenger vehicle business achieved total sales of 17,017 vehicles in the domestic market in June 2008, a marginal decline of 2% over 17,418 nos. sold in June 2007. The Indica reported sales of 8,560 nos., a decline of 27% over June 2007. The Indica, while being in its mature phase, continues to see a significant portion of its volumes migrate to the attractively priced Indigo CS sedan. The Indigo family recorded sales of 4,747 nos., a strong 102% growth over June 2007. The Sumo and Safari accounted for sales of 3,710 nos., a growth of 11% compared to June 2007. Growth could have been higher but for the adverse impact of the sudden and unexpected increase in excise duties in the latter half of the month. The Sumo recorded a 9% growth over June 2007, with sales of 2,196 nos. Safari sales at 1,514 nos., grew by 15%.
Cumulative sales of passenger vehicles in the domestic market for the fiscal were 51,094 nos., a minor decline of 1% over the same period last year. Cumulative sales of the Indica at 25,676 nos., reported a decline of 26% with part of its sales moving to the Indigo range. Cumulative sales of the Indigo family were 13,052 nos., a strong growth of 81%. Cumulative sales of Sumo and Safari were 12,366 nos., a growth of 23%. The Sumo recorded a 34% growth with sales of 7,771 nos., while Safari sales at 4,595 nos. grew by 8%.
The company’s sales from exports at 3,431 vehicles in June 2008 declined by 37% compared to 5,482 vehicles in June 2007. The cumulative sales from exports for the fiscal at 9,159 nos. declined by 34% over 13,822 nos. in the same period last year.