![]() Financial Daily from THE HINDU group of publications Friday, Nov 07, 2003 |
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Corporate
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Performance Tata Motors sales up 39% in October Our Bureau
Mumbai , Nov. 6 TATA Motors today reported a 39 per cent rise in total vehicle sales, including export, to 26,862 units in October 2003, as against the previous corresponding 19,306 units. Sales for the April-October period grew by 43.6 per cent to 1,65,384 units (1,15,182 units for the year-ago period). Commercial vehicle sales in October increased by 30 per cent to 12,862 units. Total commercial vehicle sales in the domestic market was up 40.8 per cent at 77,035 units (54,698 units) including a 36 per cent growth in M&HCV sales to 50,975 units (37,460 units) and a 51.2 per cent rise in LCV sales to 26,060 units (17,238 units). According to the company's official statement, its passenger car business unit reported a 37.6 per cent rise in domestic sales for October to 12,263 units with a 43 per cent increase in total sale for the fiscal so far, to 79,238 units. Indica sales touched 7,200 units for the just-ended month (7,192 in October 2002) and 47,103 units (42,270 units) for the first seven months of the fiscal. Sales of the Indigo amounted to 2,285 units with total sales for the fiscal at 15,551 units. With utility vehicles sales grew by 61.6 per cent at 2,778 units in October, its total so far this fiscal stands at 16,633 units. A growth of 25.7 per cent. The company's exports for October was 1,737 units (506 units), the statement said.
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