Tata Motors has reported that sales in August were almost unchanged overall on last year, despite an 8% rise in exports to 5,093 units, due to sluggish market conditions and higher interest rates.
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Sales in August dropped marginally to 45,144 vehicles compared with 45,325 units sold in August 2006. Cumulative sales from January to August also declined 0.8% year-on-year to 214,603 units.
In the commercial vehicle segment, Tata said it sold 23,431 units, up 1.8% from the same month last year.
However, in the passenger vehicles segment, sales declined by 5% to 16,620 units in August.
