Tata Motors reported a total sale of 49,354 vehicles (including exports) for the month of October 2007, a growth of 13% compared to 43,743 vehicles sold in October last year. The domestic market continues to be sluggish, due to the high interest rate regime, continuing to affect retails.Commercial Vehicles
The company’s sales of commercial vehicles in October 2007 in the domestic market were 27,103 nos., a growth of 16% compared to 23,354 vehicles sold in October last year. M&HCV sales stood at 13,980 nos., a growth of 6% over October 2006, while LCV sales were 13,123 nos., a growth of 29% over October 2006, and could have been better, but for acute shortage of tyres.Passenger Vehicles
The passenger vehicle business achieved total sales of 18,021 vehicles in the domestic market in October 2007, a growth of 8% over October 2006. The Indica reported sales of 11,658 nos., a growth of 6% over October 2006. The Indigo family registered sales of 2,353 nos., a growth of 37% over October 2006. The Sumo and Safari accounted for sales of 4010 nos., flat compared to October 2006, but a growth of 21% over September 2007. The new Safari Dicor 2.2 VTT launched in the month has received a very encouraging response, with the Safari selling 1716 nos., a growth of 19.5% over October 2006 and a growth of 70% over September 2007.
The company’s sales from exports at 4,230 vehicles in October 2007 grew by 16% as compared to 3,663 vehicles in October 2006.