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Thursday, September 1, 2011

Tata Motors sales fall 3 p.c. in August; Nano sales dip 85 p.c.


Tata Motors sales fall 3 p.c. in August; Nano sales dip 85p.c.



Tata Motors today reported a 2.84 percent decline in total sales during August 2011, to 64,078 units with sales ofits small car Nano falling by 85 per cent during the month.
The company had sold 65,954 units in the samemonth of 2010, the company said in a statement.
The homegrown firm's total passenger vehiclessales in the domestic market stood at 16,829 units in July, a fall of 33.25 percent from 25,212 units in the same month last year.
The company's latest offering Nano's salesstood at 1,202 units during the month, down 85 per cent, the company said.
The 'Indica' range reported sales of 7,206units, down 4 per cent vis-a-vis August, 2010, Tata Motors said.
In addition, the 'Indigo' family recorded salesof 5,100 units, a decrease of 24 per cent in comparison to the same month lastyear. Sales of 'Sumo', 'Safari' and 'Aria' grew by 15 per cent to 3,321 units.
In the commercial vehicles segment, the companysold 43,045 units in the domestic market during the month under review comparedto 35,585 units in the same month last year, translating into an increase of20.96 per cent.
Light commercial vehicle sales during the monthamounted to 26,344 units, a growth of 27 per cent over last year, while mediumand heavy commercial vehicle sales stood at 16,701 units, a growth of 12 percent compared to August, 2010.
The company's exports fell by 18.48 per cent to4,204 units last month from 5,157 units in the same month last year, it added.

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