Latest Automotive News

Subscribe in a reader




Auto Price Quote
Get a free auto price
quote from Edmunds!

Tata Motors Posts Sale of 582,401 nos. in 2007-08

Email   small font medium font large font

Google
 
Web AutoNews24h.com
Domestic sales of Commercial Vehicles (313,371), Passenger Vehicles (214,758)

Tata Motors reported a record sale of 582,401 vehicles (including exports) for the fiscal year 2007-08, its highest ever and a growth of 1% over 578,862 vehicles sold in 2006-07. Total sales (including exports) for the month of March 2008 were 66,495 nos., the company’s highest ever monthly sales and an increase of 6% over 62,779 nos. sold in March 2007.

Commercial Vehicles

The company’s sales of commercial vehicles in March 2008 in the domestic market were 35,993 nos., an increase of 17% over 30,720 vehicles sold in March last year. M&HCV sales stood at 20,639 nos., an increase of 17% over March last year. LCV sales were at 15,354 nos., an increase of 18% over March last year.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were 313,371 nos., an increase of 5% over last year, also the highest ever. M&HCV cumulative sales were 166,037 nos., while LCV sales for the period were 147,334 nos.

During the year, Tata Motors launched the Magic and Winger, creating new segments in urban and rural passenger transportation. It also introduced a new M&HCV range of multi-axle trucks, heavy-duty trucks, tractor- trailers and tippers and fully-built solutions like tip-trailers and load bodies.

Passenger Vehicles

The passenger vehicle business reported total monthly sales of 24,737 nos. in the domestic market in March 2008, its highest this fiscal but a decline of 4% over 25,760 vehicles sold in March last year. The Indica sold 13,042 nos., a decline of 14.7% over March 2007. The Indigo family registered sales of 5,135 nos., an increase of 18% over March 2007 and its highest ever monthly sales. Utility Vehicles sales at 6,560 nos. registered a growth of 7.4%.

Cumulative sales of passenger vehicles in the domestic market for the fiscal were 214,758 nos., a decline of 5% over the previous year. The cumulative sales of Indica were 135,642 nos., a decline of 6% over the previous year. Despite the decline, the Indica remained an industry bestseller and ended the year as the second largest selling model in the industry. The Indigo family posted sales of 31,416 nos., a decline of 8% but continued to be the largest selling entry mid size range five years in a row. The Sumo and Safari accounted for sales of 47,700 nos. in the fiscal, registering flat growth. Safari sales at 19,078 nos. have been highest for any fiscal since launch and have grown by 21%.

During the year, Tata Motors crossed the millionth passenger car production milestone off the Indica platform, in its ninth year since the commencement of production in January 1999.

Exports

The company exported 5,765 vehicles in March 2008 as compared to 6,299 vehicles in March last year, a decline of 8.5%. The cumulative sales from exports during the year were 54,272 nos., an increase of 3% over 52,796 vehicles sold last year.

Receive the latest automotive news by email!

Enter your email address:


Find the new car you want on cars.com

Related news
Tata Motors reported a total sale of 45,056 vehicles (including exports) for the month of July 2006, a growth of 44.5% over 31,173 vehicles sold in July last year. Cumulative ...
Nissan Motor Co., Ltd. today announced production, sales and export figures for March and the 12 months ended March 31, 2008. Production March Nissan’s global production in March increased ...
Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for both for March 2008 and the 2007 fiscal year. March 2008 Production: total and in Japan Total global ...
India's largest automobile manufacturer, Tata Motors Ltd., said Monday its profit rose 36 per cent in the most recent quarter as sales growth offset higher raw material costs. The growth ...
BMW Group (BMW and MINI combined) sales down by 5.4 percent in March as expected, stronger increase in the second half of the year anticipated. Woodcliff Lake, NJ - April 1, ...
Nissan Motor Co. Ltd., announced today that global sales of its CVT (Continuously Variable Transmission) equipped vehicles topped one million with sales of 1,088,000*¹ in fiscal year 2007*², accomplishing the target set under ...
NEW DELHI (AP) _ India's largest automaker, Tata Motors Ltd., said Thursday it plans set up a plant in communist-ruled West Bengal state to manufacture a family car that will cost little ...
Tata Motors announced the launch of the face lifted Indigo and Indigo Marina range. The Tata Indigo sedan was launched in December 2002, while the Indigo Marina was launched in ...
Tata Motors today announced the launch of Grande MK II, an upgraded version of its premium Sumo offering in the domestic market. The Grande MK II seeks to deliver added value to ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!


Tata Motors Posts Sale of 582,401 nos. in 2007-08
> © 2006-2011 AutoNews24h.com except where otherwise noted