M&HCV, Passenger Cars and Exports drive growth for Tata Motors
Date: 02 Apr 2015
Tata Motors saw strong growth
in certain key segments, as passenger cars (excluding UV’s), M&HCV and
Exports grew by 33pc, 20pc and 5pc, respectively, year-on-year; with the total
commercial and passenger vehicles sales (including exports) in March 2015 of
52,479 vehicles, a growth of 3pc over 51,184 vehicles sold in March 2014. The
company’s domestic sales of Tata commercial and passenger vehicles for March
2015 were 47,044 nos., a growth of 2pc over 45,996 vehicles, sold in March 2014,
a press release from Tata Motors stated.
Cumulative sales (including exports) for the
company for FY 14-15 were 502,281 nos., lower by 11pc over 566,695 vehicles,
sold last year.
PASSENGER
VEHICLES
In March 2015, Tata Motors
passenger vehicles recorded sales of 15,039 nos., a growth of 19pc, compared to
12,640 nos., sold in March 2014.
The trend of growth in passenger vehicles
continued - with the strong Zest and Bolt sales. While the sales of the passenger
cars in March 2015 was 12,977 nos., higher by 33pc, over March 2014, the UV
sales declined by 28pc at 2,062 nos., in March 2015.
Cumulative sales of all passenger vehicles in
the domestic market for FY 14-15 were 134,080 nos., lower by 3pc, over last
year.
COMMERCIAL
VEHICLES
The company’s sales of commercial vehicles in
March 2015 in the domestic market were at 32,005 nos., lower by 4pc, over March
2014. LCV sales were at 17,127 nos., a decline of 18pc over March 2014, while
M&HCV sales continued to show growth at 14,878 nos., higher by 20pc, over
March 2014.
Cumulative sales of commercial vehicles in the
domestic market for FY 14-15 were 318,268 nos., lower by 16pc over last year.
Cumulative LCV sales was 191,210 nos., a decline of 29pc over last year, while
M&HCV sales were at 127,058 nos., higher by 15pc, over last year.