Trade Resources Company News Business Line Reported That TATA Motors' Posted a 13.43% Fall in Total Sales

Business Line Reported That TATA Motors' Posted a 13.43% Fall in Total Sales

Business Line reported that TATA Motors’ posted a 13.43% fall in total sales, including exports, at 66,500 vehicles for November 2012, compared with 76,823 units sold during the same month a year ago.

 

The company in a statement said that the company’s domestic sales of commercial and passenger vehicles fell to 62,354 units during the month under review, compared with 72,474 units sold during the same period a year ago. The cumulative sales for the fiscal rose to 548,168 vehicles.

 

The company’s commercial vehicles sales in the domestic market stood at 44,323 in November (44,732 vehicles), while light commercial vehicle (LCV) sales were at 34,828 units (28,673 vehicles). The medium and heavy commercial vehicle sales (M&HCV) fell to 9,495 units (16,064).

 

Cumulative sales of commercial vehicles in the domestic market for the fiscal were at 342,855 units, cumulative LCV sales were at 2,43,543 and M&HCV at 99,312 units.

 

The TATA group company’s passenger vehicles sales stood at 18,031 units in November, compared with 27,735 vehicles sold during the same month a year ago.

 

TATA Motors exported 4,146 vehicles in November 2012, compared to 4,349 vehicles exported during the same period a year ago, while cumulative exports for the fiscal stood at 35,521 units (39,598 units).

Source: http://www.steelguru.com/indian_news/TATA_Motors_vehicle_sales_fall_1343pct_in_November_2012/293717.html
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Tata Motors Vehicle Sales Fall 13.43pct in November 2012
Topics: Auto Parts