Although the month of November 2014 is being termed as the warmest ever in decades, a similar phenomena could not be replicated in the automotive sector, as the market continues to remain challenged by macroeconomic trends. As a result Tata Motors total sales (including exports) of Tata commercial and passenger vehicles in November 2014 were 41,720 vehicles, a growth of 2% over 40,863 vehicles sold in November 2013. The company’s domestic sales of Tata commercial and passenger vehicles for November 2014 at 37,427 nos., remained flat. Segments such as M&HCV showed a 39% growth year-on-year. On the other hand the sedan segment continued to show positive growth due to the all-new Zest and Exports, which have grown in November 2014 by 17%, over last year. However, cumulative sales (including exports) for the company for the fiscal are 321,252 nos., lower by 19% over 397,243 nos., sold last year.
In November 2014, Tata Motors passenger vehicles recorded a domestic sales of 12,021, a growth of 16%, compared to 10,376 sold in November 2013. The trend of growth in passenger vehicles continued – with the strong Zest and Nano sales. While the sales of the passenger cars in November 2014 were at 10,286 nos, higher by 30% over 7,910 sold in November 2013, UV sales declined by 30%. Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 80,187 nos., lower by 15% over last year.
The company’s sales of commercial vehicles in November 2014 in the domestic market were 25,406 nos, a 5% decline compared to 26,816 vehicles sold in November last year. LCV sales were 15,954 nos., a decline of 20% over November last year, while M&HCV sales continued to show growth at 9,452 nos., which is higher by 39%, over November last year. Cumulative sales of commercial vehicles in the domestic market for the fiscal was 208,397 nos., lower by 23% over last year. Cumulative LCV sales was 132,120 nos., a decline of 33% over last year, while M&HCV sales at 67,931 nos., were higher by 8%, over last year.
The company’s sales from exports were 4,293 nos. in November 2014, grew by 17% compared to 3,671 vehicles in November last year. The cumulative sales from exports for the fiscal at 32,668 nos., was lower by 2% over 33,418 nos., over last year.