Tata’s global sales continues growth trend
Tata Motors continued to witness strong year-on-year growth in certain key segments in July 2015, with passenger cars (excluding UV’s), M&HCV and exports, growing by 27 percent, 21 percent and 16 percent, respectively, with the total sale of Tata Motors passenger and commercial vehicles (including exports) at 40,154 vehicles in July 2015, growing by 1 percent over 39,629 vehicles sold in July 2014. The domestic sales of Tata commercial and passenger vehicles for July 2015 were at 35,076 vehicles, a decline of 1 percent over 35,266 vehicles sold in July 2014.
Cumulative sales (including exports) for the fiscal at 1,56,664 vehicles, are higher by 5 percent over 1,49,633 vehicles, sold last year.
As much as commercial vehicles are concerned, M&HCV sales continued to grow at 11,808 vehicles, higher by 21 percent, over July 2014. The light and small commercial vehicle (LCV) sales however continued to reflect industry decline and were at 12,879 vehicles, a decline of 21 percent over July 2014. These impacted the overall commercial vehicles sales for Tata Motors in the domestic market, which were at 24,687 vehicles in July 2015, a decline of 5 percent over July 2014.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 96,038 vehicles, lower by 5 percent over last year. Cumulative LCV sales were 51,813 vehicles, a decline of 19 percent over last year, while M&HCV sales at 44,225 vehicles, were higher by 19 percent, over last year.
The company’s sales from exports on the other hand, were 5,078 vehicles, in July 2015, higher by 16 percent compared to 4,363 vehicles in July 2014. The cumulative sales from exports for the fiscal at 18,588 vehicles, were higher by 27 percent, over 14,590 vehicles, sold last year.