Tata Motors witnessed strong growth in certain key segments, as passenger cars (excluding UV’s) and medium and heavy commercial vehicles (M&HCV) grew 38 per cent year-on-year. The total commercial and passenger vehicles sales (including exports) in January 2015 clocking stood at 42,582 vehicles, a growth of 5% over 40,481 vehicles sold in January 2014. The domestic sales of Tata commercial and passenger vehicles for January 2015 were 38,621 units, a growth of 5 percent over 36,657 vehicles, sold in January 2014. Cumulative sales (including exports) for the company for the fiscal are 405,577 units, lower by 15 percent over 475,560 vehicles, sold last year.
In January 2015, Tata Motors passenger vehicles recorded sales 13,047 units, a growth of 19 percent, compared to 10,974 units, sold in January 2014. The trend of growth in passenger vehicles continued – with the strong Zest sales and the good response to the all-new Bolt. While the sales of the passenger cars in January 2015 were at 11,637 units, higher by 38 percent, over January 2014, the UV sales declined by 44 percent at 1,410 units, in January 2015. Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 105,274 nos., lower by 8% over last year.
The company’s sales of commercial vehicles in January 2015 in the domestic market at 25,574 units, remained flat. LCV sales were at 14,301 units, a decline of 18 percent over January 2014, while M&HCV sales continued to show growth at 11,273 units, which is higher by 38 percent, over January 2014. Cumulative sales of commercial vehicles in the domestic market for the fiscal was 259,716 units, lower by 19 percentover last year. Cumulative LCV sales was 159,726 units, a decline of 31 percent over last year, while M&HCV sales at 99,990 units, were higher by 13 percent, over last year.
The company’s sales from exports were 3,961 units in January 2015, grew by 4 percent compared to 3,824 vehicles in January 2014. The cumulative sales from exports for the fiscal at 40,587 units, grew marginally by 1 percent, over last year.