Tata Motors sells 41,720 vehicles in November

02 Dec 2014 Evaluate

Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in November 2014 were 41,720 vehicles, a growth of 2% over 40,863 vehicles sold in November 2013. The company's domestic sales of Tata commercial and passenger vehicles for November 2014 at 37,427 units, remained flat. While market continues to remain challenged by macroeconomic trends, segments such as M&HCV showed a 39% growth year-on-year. Other segments such as the Sedans continue to show positive growth due to the all-new Zest and Exports have grown in November 2014 by 17%, over last year.

Furthermore, The Company’s passenger vehicles recorded a growth of 16%, compared to 10,376 units, sold in November 2013. The trend of growth in passenger vehicles continued - with the strong Zest and Nano sales. While the sales of the passenger cars in November 2014 were at 10,286 nos., higher by 30% over 7,910 sold in November 2013, the UV sales declined by 30%.

The company's sales of commercial vehicles in November 2014 in the domestic market were 25,406 units, a 5% decline compared to 26,816 vehicles sold in November last year. LCV sales were 15,954 units, a decline of 20% over November last year, while M&HCV sales continued to show growth at 9,452 units, which is higher by 39%, over November last year.

Meanwhile, the company's sales from exports were 4,293 units in November 2014, grew by 17% compared to 3,671 vehicles in November last year. The cumulative sales from exports for the fiscal at 32,668 units, was lower by 2% over 33,418 units, over last year.

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