Tata Motors October sales at 42,819 vehicles, 17 per cent down

Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in October 2014 were 42,819 vehicles, a decline of 17 per cent over 51,638 vehicles sold in October 2013. The company's domestic sales of Tata commercial and passenger vehicles
for October 2014 were 38,760 vehicles, 17 per cent decline over 46,926 vehicles, sold in October last year. The decline was largely as the market continues to remain challenged by macroeconomic trends - while segments such as M&HCV showed a 30 per cent growth year-on-year, other segments such as the LCV sales continues to remain impacted by stringent financial rates and low consumer sentiment.

Cumulative sales (including exports) for the company for the fiscal are 279,489 vehicles, lower by 22 per cent over 356,380 vehicles, sold last year.

The trend of growth primarily driven by new launches continued - with the strong Zest sales, Tata Motors saw its sedan segment sales shoot by 49 per cent year-on-year (and continued to show a month-on-month growth). But the muted market sentiment continued to impact overall sales: sales of the passenger cars in October 2014 were at 9,594 vehicles, lower by 12 per cent over 10,944 sold in October 2013. The sales of utility vehicles were 1,917 vehicles, declined by 40 per cent over 3,189 vehicles, sold in October last year. Sales of all Tata Motors passenger vehicles for October 2014 were at 11,511 vehicles, lower by 19 per cent over 14,133 vehicles sold in October 2013.

Cumulative sales of the passenger cars this fiscal was 52,810 vehicles, lower by 19 per cent over vehicles sold, over last year. The utility vehicles sales stood at 15,356 vehicles, 16 per cent decline over 18,378 vehicles, sold last year. Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 68,166 vehicles, lower by 19 per cent over last year.

The company's sales of commercial vehicles in October 2014 in the domestic market were 27,249 vehicles, a 17 per cent decline compared to 32,793 vehicles sold in October last year. LCV sales were 16,897 vehicles, a decline of 32 per cent over October last year, while M&HCV sales stood at 10,352 vehicles, a growth of 30 per cent, over October last year.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was 182,948 vehicles, lower by 25 per cent over last year. Cumulative LCV sales was 116,142 vehicles, a decline of 34 per cent over last year, while M&HCV sales at 66,806 vehicles, remained flat. 

The company's sales from exports were 4,059 vehicles in October 2014, declined by 14 per cent compared to 4,712 vehicles in October last year. The cumulative sales from exports for the fiscal at 28,375 vehicles, was lower by 5 per cent over 29,747 vehicles, over last year.

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