M&HCV, Passenger Cars Up 38% to Grow Tata Motors January sales by 5% Year-on-Year at 42,582 nos.
Tata Motors saw strong growth in certain key segments, as passenger cars (excluding UV’s) and M&HCV grew 38 per cent year-on-year; with the total commercial and passenger vehicles sales (including exports) in January 2015 of 42,582 vehicles, a growth of 5% over 40,481 vehicles sold in January 2014. The company’s domestic sales of Tata commercial and passenger vehicles for January 2015 were 38,621 nos., a growth of 5% over 36,657 vehicles, sold in January 2014.
Cumulative sales (including exports) for the company for the fiscal are 405,577 nos., lower by 15% over 475,560 vehicles, sold last year.
While market continues to remain challenged by macroeconomic trends, besides positive growth in segments such as M&HCV and Passenger Cars, Exports have grown in January 2015 by 4%, over last year.
In January 2015, Tata Motors passenger vehicles recorded sales 13,047 nos., a growth of 19%, compared to 10,974 nos., sold in January 2014.
The trend of growth in passenger vehicles continued – with the strong Zest sales and the good response to the all-new Bolt. While the sales of the passenger cars in January 2015 were at 11,637 nos., higher by 38%, over January 2014, the UV sales declined by 44% at 1,410 nos., in January 2015.
Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 105,274 nos., lower by 8% over last year.
The company’s sales of commercial vehicles in January 2015 in the domestic market at 25,574 nos., remained flat. LCV sales were at 14,301 nos., a decline of 18% over January 2014, while M&HCV sales continued to show growth at 11,273 nos., which is higher by 38%, over January 2014.
Cumulative sales of commercial vehicles in the domestic market for the fiscal was 259,716 nos., lower by 19% over last year. Cumulative LCV sales was 159,726 nos., a decline of 31% over last year, while M&HCV sales at 99,990 nos., were higher by 13%, over last year.
The company’s sales from exports were 3,961 nos. in January 2015, grew by 4% compared to 3,824 vehicles in January 2014. The cumulative sales from exports for the fiscal at 40,587 nos., grew marginally by 1%, over last year.