Tata Motors Feb sales up 45.5%

Tata Motors reported a 45.5 per cent growth in its total sales for February 2004 at 30,801 vehicles.

The company's sales in the April 2003-February 2004 period has gone up by 45.4 per cent at 2,79,543 vehicles against 1,92,318 vehicles sold in the same period last year.

Commercial vehicle sales grew 37.2 per cent in February 2004 at 15,311 vehicles. Cumulative sales of commercial vehicles in the period stood at 1,34,479 units, showing an increase of 42.8 per cent over the same period last year.

Sales of light commercial vehicles (LCV) posted a growth of 54.3 per cent over February last year. During the April-February period, LCV sales were up 50.7 per cent over the corresponding period last year.

Medium and heavy commercial vehicle (M&HCV) sales showed a growth of 31 per cent over February 2003. The cumulative sales of M&HCVs for the first ten months of the fiscal recorded a growth of 39.3 per cent.

Domestic sale of passenger vehicles clocked a growth of 47.2 per cent at 13,040 units in February 2004. Total sales for the April-February period were 1,24,958 units, a growth of 39 per cent.

Exports for the month of February 2004 stood at 2,450 vehicles, a growth of 112.5 per cent compared with the same month of the previous year. Exports for the April-February period recorded a rise of 142.4 per cent at 20,106 units.