![]() Financial Daily from THE HINDU group of publications Friday, Apr 08, 2005 |
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Corporate
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Performance Tata Motors' sales up 27% in 2004-05 Our Bureau
Mumbai , April 7 TATA Motors on Thursday reported a 27.2 per cent growth in total vehicle sales for 2004-05 to 3,99,566 units, including export, as against the previous corresponding 3,14,258 units. Domestic sales of commercial vehicles increased by 24.8 per cent to 1,89,994 units (1,52,195 units for the year-ago period). This included a 25.3 per cent gain in M&HCV sales to 1,29,245 units and a 23.9 per cent rise in LCV sales to 60,749 units. The company's sale of passenger vehicles was up 27.9 per cent at 1,79,076 units. "At 1,05,521 numbers for the fiscal, the Indica emerged as the largest selling compact car in the Rs 3-5 lakh price category for the first time," an official statement said. Full-year sales of the Indigo family touched 39,306 units, a growth of 40.5 per cent. According to the statement, the Indigo was the year's largest selling sedan not only in the entry mid-size segment but also across all segments of the industry. The Indigo Marina was the largest selling estate in the country. Total sales of the Sumo and the Safari gained by 7.5 per cent to 34,249 units, highest in the last seven years. Full-year exports increased by 38.3 per cent to 30,496 units (22,046 units). Total sales for March grew by 28 per cent to 44,433 units (34,725 units). Commercial vehicle sales increased 17.1 per cent to 20,474 units (17,792 units), including a 16.2 per cent rise in M&HCV sales to 14,248 units (12,267 units). LCV sales registered a rise of 12.7 per cent to 6,226 units (5,525 units). Passenger vehicle sales during March was up 32.7 per cent to 19,995 units with the Indica at 11,056 units and the Indigo family at 4,584 units. In UVs, the Sumo and Safari sold 4,355 units. Exports for the month amounted to 3,964 units (1,863 units), an increase of 112.8 per cent.
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