Tata Motors sales continue growth trend in July 2015

Mumbai, Aug. 2 Tata Motors continued to witness strong year-on-year growth in certain key segments in July, with passenger cars, excluding UV’s, M-HCV and exports, growing by 27 percent, 21 percent and 16 percent, respectively, with the total sale of Tata Motors passenger and commercial vehicles (including exports) at 40,154 vehicles in July 2015, growing by 1percent over 39,629 vehicles sold in July 2014.

The domestic sale of Tata commercial and passenger vehicles for July 2015 were at 35,076 nos., a decline of 1 percent over 35,266 vehicles sold in July 2014.

The cumulative sales (including exports) for the fiscal at 1,56,664 nos., are higher by 5 percent over 1,49,633 vehicles, sold last year.

In July 2015, Tata Motors passenger vehicles recorded a year-on-year growth of 13 percent, with sales of 10,389 nos., compared to 9,167 nos.

The growth trend was driven by the cars segment, specifically the new launches of Zest, Bolt and the new GenX Nano. The sale of the passenger cars in July 2015 were higher by 27 percent at 8,520 nos., compared to 6,703 nos., in July 2014. UV sales declined by 24percent at 1,869 nos., in July 2015.

Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 42,038 nos., higher by 25percent over last year.

In commercial vehicles, M-HCV sales continued to grow at 11,808 nos., higher by 21percent, over July 2014. The Light and Small Commercial Vehicle sales however continued to reflect industry decline and were at 12,879 nos., a decline of 21percent over July 2014.

These impacted the overall commercial vehicles sales for Tata Motors in the domestic market, that were at 24,687 nos. in July 2015, a decline of 5percent over July 2014.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was 96,038 nos., lower by 5percent over last year. Cumulative LCV sales was 51,813 nos., a decline of 19percent over last year, while M&HCV sales at 44,225 nos., were higher by 19 percent, over last year.

The company’s sales from exports were 5,078 nos., in July 2015, higher by 16percent compared to 4,363 vehicles in July 2014. The cumulative sales from exports for the fiscal at 18,588 nos., were higher by 27percent, over 14,590 nos., sold last year. (ANI)