Tata Motors Sales Up 39% In October

Mumbai, Nov 6: | Updated: Nov 7 2003, 05:30am hrs
Tata Motors has posted a 39 per cent rise in total sales including exports at 26,862 vehicles in October 2003, compared to 19,306 units sold during the same month of the previous fiscal.

The companys sale of commercial vehicles (CV) in the domestic market rose 30 per cent to 12,862 vehicles in the month under review, while its total CV sales in domestic market rose by 40.8 per cent to 54,698 units, as against the corresponding period a year ago, Tata Motors said in a release.

The passenger car business unit posted a 37.6 per cent increase in vehicle sales at 12,263 units in the reporting month from the domestic market, while cumulative sales for the fiscal rose 43 per cent at 79,238 units, it said.

The sales for the current financial year rose to 43 per cent at 1.65 lakh vehicles, as against 1.15 lakh units sold during the corresponding period a year ago, it said.

Tata Motors recorded a 36 per cent growth in medium and heavy commercial vehicle (M&Hcv) sales at 50,975 units during the first seven months of 2003, as against 37,460 vehicles sold during the same period of last year, it said.

Light commercial vehicle (LCV) sales grew 51.2 per cent at 26,060 units during the seven-month period, compared to 17,238 vehicles sold during the same period of 2002, it said.

Sales of flagship Indica stood at 7,200 units in October, while that for the first seven months of the year were at 47,103 vehicles, recording a 11.5 per cent growth on an year-on-year basis, it said. The company sold around 2,285 units of indigo during the month, with cumulative sale of around 15,551 units for the fiscal. The car continues to retain its best selling position in the entry mid-size segment on a fiscal and calendar year basis, the company claimed.