Tata Motors witnessed year-on-year growth in certain key segments,but cumulative sales (including exports) were flat during August.
01 Sep 2015 | 4726 Views | By Autocar Professional Bureau
Tata Motors witnessed year-on-year growth in certain key segments in August 2015, with passenger cars (excluding UV’s), M&HCV and Exports, growing by 19 percent, 31 percent and 16 percent, respectively. But, total sale of Tata Motors passenger and commercial vehicles (including exports) were flat at 40,680 vehicles sold in August ...
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Tata Motors witnessed year-on-year growth in certain key segments in August 2015, with passenger cars (excluding UV’s), M&HCV and Exports, growing by 19 percent, 31 percent and 16 percent, respectively. But, total sale of Tata Motors passenger and commercial vehicles (including exports) were flat at 40,680 vehicles sold in August 2015, over 40,883 vehicles sold in August 2014. The domestic sale of Tata commercial and passenger vehicles for August 2015 were at 35,478 units, a decline of 3 percent over 36,403 vehicles sold in August 2014.
Cumulative sales (including exports) for the fiscal at 1,97,344 units, higher by 4 percent over 1,90,516 vehicles, sold last year.
Passenger Vehicles
In August 2015, Tata Motors passenger vehicles recorded a year-on-year growth of 2 percent, with sales of 11,194 units., compared to 10,975 units.
The growth trend was driven by the cars segment, specifically the new launches. The sale of the passenger cars in August 2015 were higher by 19 percent at 9,814 units, compared to 8,229 units, in August 2014. UV sales declined by 50 percent at 1,380 units, in August 2015.
Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 53,232 units, higher by 19 percent over last year.
Commercial Vehicles
In commercial vehicles, M&HCV sales continued to grow at 12,017 units, higher by 31 percent, over August 2014. The Light & Small Commercial Vehicle sales however continued to reflect industry decline and were at 12,267 units, a decline of 25 percent over August 2014. These impacted the overall commercial vehicles sales for Tata Motors in the domestic market, that were at 24,284 units in August 2015, a decline of 4 percent over August 2014.
Cumulative sales of commercial vehicles in the domestic market for the fiscal was 1,20,322 units, lower by 5 percent over last year. Cumulative LCV sales was 64,080 units, a decline of 20 percent over last year, while M&HCV sales at 56,242 units, were higher by 21 percent, over last year.
Exports
The company's sales from exports were 5,202 units, in August 2015, higher by 16 percent compared to 4,480 vehicles in August 2014. The cumulative sales from exports for the fiscal at 23,790 units, were higher by 25 percent, over 19,070 units sold last year.