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Tata Motors announces sales figures for month of December 2014

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Capital Market

Records total sales of 41,734 units in December 2014

Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in December 2014 were 41,734 vehicles, a growth of 10% over 37,836 vehicles, sold in December 2013. The company's domestic sales of Tata commercial and passenger vehicles for December 2014 were 37,776 nos., a growth of 8% over 35,010 vehicles, sold in December 2013.

Cumulative sales (including exports) for the company for the fiscal are 362,995 nos., lower by 17% over 435,079 vehicles, sold last year.'

While market continues to remain challenged by macroeconomic trends, segments such as M&HCV showed a 62% growth year-on-year. Other segments such as Passenger Cars continue to show positive growth of 52% and Exports have grown in December 2014 by 40%, over last year.

 

Passenger Vehicles

In December 2014, Tata Motors passenger vehicles recorded sales 12,040 nos., a growth of 30%, compared to 9,272 nos., sold in December 2013.

The trend of growth in passenger vehicles continued - with the strong Zest and Nano sales. While the sales of the passenger cars in December 2014 were at 9,956 nos., higher by 52%, over December 2013, the UV sales declined by 24% at 2,084 nos., in December 2014.

Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 92,227 nos., lower by 11% over last year.

Commercial Vehicles

The company's sales of commercial vehicles in December 2014 in the domestic market at 25,736 nos., remained flat. LCV sales were 13,298 nos., a decline of 26% over December 2013, while M&HCV sales continued to show growth at 12,438 nos., which is higher by 62%, over December 2013.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was 234,142 nos., lower by 21% over last year. Cumulative LCV sales was 145,425 nos., a decline of 32% over last year, while M&HCV sales at 88,717 nos., were higher by 10%, over last year.

Exports

The company's sales from exports were 3,958 nos. in December 2014, grew by 40% compared to 2,826 vehicles in December 2013. The cumulative sales from exports for the fiscal at 36,626 nos., grew marginally by 1%, over last year.

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First Published: Jan 02 2015 | 2:19 PM IST

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