Financial Daily from THE HINDU group of publications Saturday, Nov 06, 2004 |
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Corporate
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Performance Tata Motors' Oct sales up 31.3 pc Our Bureau
Mumbai , Nov. 5 TATA Motors on Friday reported a 31.3 per cent rise in total vehicles sold in October, to 35,283 units as against the previous corresponding 26,862 units. The company sold 16,667 commercial vehicles during the period, an increase of 29.6 per cent. In its passenger vehicles business, it saw a sales growth of 33.2 per cent to 16,332 units. According to an official statement, Indica sales for the month touched 9,634 units and that of the Indigo family, 3,698 units. Sales of the Sumo and Safari amounted to 3,000 units. For the April-October period, total vehicle sales moved up by 30.5 per cent to 2,15,777 units (1,65,384 units). Commercial vehicle sales in the domestic market amounted to 1,00,620 units (76,994 units), a gain of 30.7 per cent. Sales of medium and heavy commercial vehicles for the first seven months stood at 68,918 units (50,937 units) and that of light commercial vehicles at 31,702 units (26,057 units), representing a growth of 35.3 per cent and 21.7 per cent, respectively. Cumulative sales of passenger vehicles for the fiscal so far touched 1,02,280 units, a rise of 29 per cent. This included a 32 per cent growth in Indica sales to 62,090 units and 47.3 per cent growth in the entry mid-size segment, to 22,864 units. Sales of the Sumo and Safari for the period aggregated 17,326 units, up 4.2 per cent. The company's exports for October amounted to 2,284 units (1,737 units) and that for the fiscal to date, 12,877 units (9,153 units).
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