The maker of passenger and commercial vehicle, Tata Motors has achieved a feat of selling 48,648 vehicles, including exports, in September 2016. Comparing the figure of September 2016, with that of September 2015, a growth of 8% can be concluded. Last year in the same month, Tata Motors managed to sell 45,215 vehicles. The company’s domestic sales of commercial and passenger vehicle in September 2016 stand at 42,961 units. Also, Tata Motors’ export business is said to be growing by 29% along with passenger car sales going up by 27% and LCVs by 19%.
Compared to the 242,562 vehicles, sold last year, the cumulative sales (including exports) of the company have bumped up by 7% making a figure of 258,598 units.
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Passenger Vehicles
Passenger vehicles sold in September 2015 (Domestic): 11,732 units
Passenger vehicles sold in September 2016 (Domestic): 14,601 units
Growth by: 24%
Cumulative sales growth of all passenger vehicles September 2015 (Domestic): 64,718 units
Cumulative sales growth of all passenger vehicles September 2015 (Domestic): 72,665 units
Growth by: 12%
Commercial Vehicles
The overall commercial vehicles sales in September 2016, in the domestic market, were at 28,360 nos., lower by 2%, over September 2015. While the sales of Tata Motors Light Commercial Vehicles, continued to grow in the domestic market by 19%, over September 2015, M&HCV sales continued to be stressed due to subdued demand, with the slowdown of recent months continuing, as a result of a delay of replacement and fleet expansion.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were at 154,464 nos., higher by 3% over last year.
Exports
The company’s sale from exports was at 5,687 nos., in September 2016, a growth of 29% compared to 4,402 vehicles sold in September 2015. The cumulative sales from exports for the fiscal was at 31,469 nos., higher by 12%, over 28,201 nos., sold last year.