Business Daily from THE HINDU group of publications Wednesday, Jul 05, 2006 |
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Corporate
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Performance
Our Bureau
Fast track Monthly sales of the Ace crosses 5,000-mark New range enables Safari to cross 1,000-mark Indigo increases market share in declining segment
Mumbai , July 4 Tata Motors has reported total sales of 45,223 vehicles (including exports) for June 2006, a growth of 37 per cent over 33,018 vehicles in June last year. Total sales of commercial vehicles in the domestic market stood at 21,565 units (15,530 units), up 38.9 per cent. Sales of medium and heavy commercial vehicles (M&HCVs) stood at 11,808 units, up 23.3 per cent, while light commercial vehicle (LCV) sales stood at 9,757 units, up 63.8 per cent. Monthly sales of the newly launched Ace crossed the 5,000-mark for the first time. Cumulative sales of commercial vehicles in the domestic market for the fiscal stood at 63,140, an increase of 69.5 per cent over the previous year. Cumulative M&HCV sales stood at 36,606, up 59.1 per cent, while LCV sales stood at 26,534, up 86.4 per cent. The passenger vehicle business reported total sales of 18,463 vehicles in the domestic market in June 2006, an increase of 27.8 per cent. The Indica sold 12,271 units, up 41 per cent, while the Indigo family registered sales of 2,885 units, a decline of 1.7 per cent. The Sumo and the Safari accounted for sales of 3,307 units, a growth of 17.5 per cent. The new Safari range launched in the latter part of the month enabled the model to cross the 1,000-mark in a month for the first time, at 1,011 units. Cumulative sales of passenger vehicles in the domestic market for the fiscal stood at 49,906 units, an increase of 21.2 per cent. Cumulative sales of the Indica at 33,173 units registered a growth of 32.7 per cent, while cumulative sales of the Indigo family at 8,316 units registered a decline of six per cent. The entry mid-size segment continues to see a decline, which began in 2005-06, and the Indigo range has increased its market share in a declining segment. Cumulative sales of the Sumo and the Safari stood at 8,417 units, a growth of 14.6 per cent over last year.
Exports
The company exported 5,195 vehicles in June 2006, compared to 3,037 in June 2005, an increase of 71 per cent. Cumulative sales from exports in the current period at 13,106 units have recorded 45.8 per cent growth over the corresponding previous period.
More Stories on : Performance | HCV/LCV/Tractors | Tata Motors Ltd
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