Financial Daily from THE HINDU group of publications Thursday, Feb 05, 2004 |
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Corporate
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Performance Tata Motors Jan sales up 32 pc Our Bureau
Mumbai , Feb. 4 TATA Motors Ltd on Wednesday reported a 32 per cent rise in total sales for January 2004, including exports, to 31,840 units. In commercial vehicles, the company sold 14,494 units in the domestic market for the just ended month, 36.9 per cent higher than the previous corresponding 10,590 units. LCV sales grew by 42.7 per cent to 4,807 units (3,368 units in year ago period), while M&HCV sales gained 34.1 per cent to touch 9,687 units (7,222 units). Domestic sale of passenger vehicles at 14,698 units was at its highest ever for a month, growing by 17.2 per cent. Sales of the Tata Indigo rose by 40.2 per cent to 3,009 units. "The new Tata Indica launched at the Auto Expo on January 15, has been received positively by the market and was able to register sales of 8,075 units in the remaining part of the month," an official statement said. Sale of UVs for the month increased by 38.5 per cent to 3,614 units. Tata Motors' cumulative sales over April '03 - January '04 was up 45.4 per cent, to 2,48,742 units (1,71,138 units). During the period commercial vehicle sales grew by 43.5 per cent to 1,19,169 units (83,026 units). LCV sales gained by 50.3 per cent to 38,898 units (25,882 units), while that of M&HCVs was up 40.5 per cent at 80,271 units (57,144 units). Domestic passenger vehicle sales for the period rose by 38.2 per cent to 1,11,916 units, exceeding FY 2002-03 sales. Indica sales numbers have crossed the 3,00,000 unit-mark in the domestic market. The car's total sale so far this fiscal has risen by 9.4 per cent, to 64,700 units. UV sales for the period showed an increase of 28.2 per cent, the statement said. Exports for January touched 2,648 units (984 units) while its total export for the April-January period was up 147.6 per cent to 17,657 units (7,131 units).
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