Financial Daily from THE HINDU group of publications
Saturday, Jun 03, 2006
Financial Daily from THE HINDU group of publications Saturday, Jun 03, 2006 |
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Corporate
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Performance Tata Motors vehicle sales up 45% in May Our Bureau
In top gear Domestic passenger vehicle sales for the month moved up 29 per cent to 18,115 units, including 46.3 per cent rise in Indica sales to 12,409 units and 15 per cent growth in volumes of the Sumo and Safari to 2,862 units. However, Indigo sales registered 6.2 per cent decline to 2,844 units. The model also dipped 8.1 per cent in cumulative FY07 sales to 5,431 units.
Mumbai , June 2 Tata Motors on Friday reported 45 per cent growth in overall vehicle sales (including exports) to 44,357 units in May 2006, from the previous corresponding 30,593 units. However, volumes of the sedan, Indigo, dipped for the month. Domestic sale of commercial vehicles rose 64 per cent to 21,903 units (13,338 units for the year ago period), including 55 per cent increase in M&HCV sales to 12,682 units and 79 per cent growth in LCV sales to 9,221 units. "The growth in May 2006 is on the low base of May 2005, which was due to unanticipated difficulties in certification and procurement of some critical parts," the company's statement said. Domestic passenger vehicle sales for the month moved up 29 per cent to 18,115 units, including 46.3 per cent rise in Indica sales to 12,409 units and 15 per cent growth in volumes of the Sumo and Safari to 2,862 units. However, Indigo sales registered 6.2 per cent decline to 2,844 units. The model also dipped 8.1 per cent in cumulative FY07 sales to 5,431 units. On the other hand, the Indica showed growth of 28.2 per cent to 20,902 units and Sumo and Safari volumes, a rise of 13 per cent to 5,110 units, in cumulative passenger vehicle sales, which increased by 18 per cent to 31,443 units.
More Stories on : Performance | HCV/LCV/Tractors | Tata Motors Ltd
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