Tata Motors Reports December Sales at 41,734 Vehicles
OREANDA-NEWS. Mumbai: Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in December 2014 were 41,734 vehicles, a growth of 10% over 37,836 vehicles sold in December 2013. The company's domestic sales of Tata commercial and passenger vehicles for December 2014 were 37,776 nos, a growth of 8% over 35,010 vehicles sold in December 2013.
Cumulative sales (including exports) for the company for the fiscal were 362,995 nos., lower by 17% over 435,079 vehicles sold last year.
While market continues to remain challenged by macroeconomic trends, segments such as M&HCV showed a 62% growth year-on-year. Other segments such as Passenger Cars continue to show positive growth of 52% and Exports have grown in December 2014 by 40% over last year.
Passenger vehicles
In December 2014, Tata Motors passenger vehicles recorded sales of 12,040 nos, a growth of 30%, compared to 9,272 nos sold in December 2013.
The trend of growth in passenger vehicles continued with the strong Zest and Nano sales. While the sales of passenger cars in December 2014 were at 9,956 nos, up 52% over December 2013, UV sales declined 24% to 2,084 nos in December 2014.
Cumulative sales of all passenger vehicles in the domestic market for the fiscal were 92,227 nos, lower by 11% over last year.
Commercial vehicles
The company's sales of commercial vehicles in December2014 in the domestic market at 25,736 nos, remained flat. LCV sales were 13,298 nos, a decline of 26% over December 2013, while M&HCV sales continued to show growth at 12,438 nos, higher by 62% over December 2013.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 234,142 nos, lower by 21% over last year. Cumulative LCV sales were 145,425 nos, a decline of 32% over last year, while M&HCV sales at 88,717 nos were higher by 10% over last year.
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