Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in July 2011 were 63,761 vehicles, lower by 6% over July 2010 as the domestic market slowed in response to higher interest rates and fuel prices.
The company’s domestic sales of Tata commercial and passenger vehicles for July 2011 were 57,990, down 9% on last year’s pace.
Cumulative sales (including exports) for the company for the fiscal year are 256,799 units, growth of 4% over the same period last year.
The company’s sales of commercial vehicles in July 2011 in the domestic market were 40,798, 14% up on last year. LCV sales were 24,962 units, growth of 22% over July last year. Medium & Heavy Commercial Vehicle sales stood at 15,836 units, 4% up on last year.
Cumulative sales of commercial vehicles in the domestic market for the fiscal are 153,842 units, 16% ahead of last year. Cumulative LCV sales are 92,464 units, 22% ahead of last year while medium and HCV sales stood at 61,378 units, 7% ahead of last year.
The passenger vehicles business reported a total sale and ‘distribution offtake’ of 18,294 units (17,192 Tata + 1102 Fiat) in the domestic market in July 2011, down 39% on last year.
Sales of Tata passenger vehicles for July 2011 were 17,192 units, lower by 38% over July last year.
Sales of the Tata Nano were just 3,260 units, down by 64% over July last year. Sales of the Nano continue to disappoint. Local analysts say that a lack of a diesel engine offering on the Nano is a factor hindering sales, something that won’t be helped by the imminent launch of a diesel engine variant of the selling well Chevrolet Beat in India. A small diesel is planned for introduction on the Nano late this year.
July Tata Indica range sales were 5,860, down by 32% over July last year. The Indigo range recorded sales of 4,877 units, down by 30% over July last year. The Sumo/ Safari/ Aria/ Venture range accounted for sales of 3,195 units, down by 2% over July last year.
Cumulative sales and ‘distribution offtake’ of passenger vehicles in the domestic market for the fiscal so far were put at 89,105 units (82,300 Tata + 6,805 Fiat), down 16% on last year.against 106,375 nos. (97,974 Tata + 8,401 Fiat) last year, lower by 16%. Cumulative sales of Tata passenger vehicles were 82,300, down 16% on last year.
Cumulative fiscal year sales of the Nano stand at 25,239 units, a 6% increase compared to last year.
Tata Motors said that ‘Jaguar Land Rover sales in India continued their upward trend’, but issued no figures (expected to be reported later in a separate release).
The company’s sales from exports were put at 5,771 vehicles in July, 36% ahead of last year. The cumulative fiscal year sales from exports are 20,657 units, 25% ahead of last year.