Car news / Tata Motors Posts Sale of 582,401 nos. in 2007-08 |
02.04.2008
Tata Motors Posts Sale of 582,401 nos. in 2007-08Car News /
Domestic sales of Commercial Vehicles (313,371), Passenger Vehicles (214,758)
Tata
Motors reported a record sale of 582,401 vehicles (including exports)
for the fiscal year 2007-08, its highest ever and a growth of 1% over
578,862 vehicles sold in 2006-07. Total sales (including exports) for
the month of March 2008 were 66,495 nos., the company’s highest ever
monthly sales and an increase of 6% over 62,779 nos. sold in March 2007.
Commercial Vehicles
The
company’s sales of commercial vehicles in March 2008 in the domestic
market were 35,993 nos., an increase of 17% over 30,720 vehicles sold
in March last year. M&HCV sales stood at 20,639 nos., an increase
of 17% over March last year. LCV sales were at 15,354 nos., an increase
of 18% over March last year.
Cumulative sales of commercial
vehicles in the domestic market for the fiscal were 313,371 nos., an
increase of 5% over last year, also the highest ever. M&HCV
cumulative sales were 166,037 nos., while LCV sales for the period were
147,334 nos.
During the year, Tata Motors launched the Magic
and Winger, creating new segments in urban and rural passenger
transportation. It also introduced a new M&HCV range of multi-axle
trucks, heavy-duty trucks, tractor- trailers and tippers and
fully-built solutions like tip-trailers and load bodies.
Passenger Vehicles
The
passenger vehicle business reported total monthly sales of 24,737 nos.
in the domestic market in March 2008, its highest this fiscal but a
decline of 4% over 25,760 vehicles sold in March last year. The Indica
sold 13,042 nos., a decline of 14.7% over March 2007. The Indigo family
registered sales of 5,135 nos., an increase of 18% over March 2007 and
its highest ever monthly sales. Utility Vehicles sales at 6,560 nos.
registered a growth of 7.4%.
Cumulative sales of passenger
vehicles in the domestic market for the fiscal were 214,758 nos., a
decline of 5% over the previous year. The cumulative sales of Indica
were 135,642 nos., a decline of 6% over the previous year. Despite the
decline, the Indica remained an industry bestseller and ended the year
as the second largest selling model in the industry. The Indigo family
posted sales of 31,416 nos., a decline of 8% but continued to be the
largest selling entry mid size range five years in a row. The Sumo and
Safari accounted for sales of 47,700 nos. in the fiscal, registering
flat growth. Safari sales at 19,078 nos. have been highest for any
fiscal since launch and have grown by 21%.
During the year,
Tata Motors crossed the millionth passenger automobile production milestone
off the Indica platform, in its ninth year since the commencement of
production in January 1999.
Exports
The company
exported 5,765 vehicles in March 2008 as compared to 6,299 vehicles in
March last year, a decline of 8.5%. The cumulative sales from exports
during the year were 54,272 nos., an increase of 3% over 52,796
vehicles sold last year.
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