1 March, 2007
The company’s sales of commercial vehicles in February 2007 in the domestic market were 27,859 nos., an increase of 22% over 22,885 vehicles sold in February last year. M&HCV sales stood at 16,306 nos, a growth of 19% over February 2006, while LCV sales were 11,553 nos., a growth of 25% over February 2006.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 2,68,453 nos., an increase of 43% over last year. Cumulative M&HCV sales stood at 1,55,708 nos., an increase of 40% over last year, while LCV sales for the fiscal were 1,12,745 nos., an increase of 48% over last year.
The passenger vehicle business reported total sales of 21,322 vehicles in the domestic market in February 2007, an increase of 19% over February 2006. The Indica reported sales of 12,580 nos., a growth of 19% over February 2006. The Indigo family registered sales of 3,436 nos., a decline of 6% over February 2006, but an increase of 7% over January 2007 (last month) due to the growing nos. of the new Indigo XL which has been received well in the market.
The Sumo and Safari accounted for sales of 5,306 nos., a growth of 41% over February 2006, with Utility Vehicles reporting their highest ever sales for any month. Safari sales at 2009 nos. grew by 258% over last February.
Cumulative sales of passenger vehicles in the domestic market for the fiscal were 2,01,133 nos., an increase of 21% over the previous year. The Company therefore has crossed last fiscal’s total sales of 188,856 in the 11th month of this fiscal.Cumulative sales of the Indica at 129,407 nos. registered a growth of 31% over the previous year, while cumulative sales of the Indigo family at 29,942 nos. registered a decline of 14% over last year, but lesser than the decline of the entry mid-size segment. Cumulative sales of Sumo and Safari were 41,784 nos., a growth of 27% over last year. Safari sales at 13666 nos. have been growing by 241% this fiscal.
The company’s sales from exports were 4,526 vehicles in February 2007 as compared to 4,257 vehicles in February 2006, an increase of 6%. The cumulative sales from exports in the current period at 47,013 nos. have recorded a 7% growth over the corresponding figures for the previous period.