Tata Motors Reports 23% Decline In Sales
Tata Motors reported cumulative decline of 23% in
sales for the month of July. Tata motors sold 39,623 commercial and passenger
vehicles in July 2014 compared to 51,549 units sold in July 2013. The figures
include sales in domestic as well as international market.
Passenger
Vehicle Sales
Nano, Indica and Indigo continued to perform poorly in
terms of sales which dropped 22% over same period last year. Sales of Sumo,
Aria, Venture and Safari went marginally up by 8%. We assume the good response
from consumers towards the Safari Strome for the increase in SUV segment sales
for Tata Motors.
July 2013
|
July 2014
|
%Change
|
|
Nano/Indica/Indigo
|
8,546
|
6,703
|
- 22%
|
Sumo/Safari/Aria/Venture
|
2,278
|
2,464
|
+ 8%
|
Total Sales
|
10,824
|
9,167
|
- 15%
|
Commercial
Vehicle Sales
LCV sales dropped a whooping 39% whereas HCV and MCV
sales remained flat.
July 2013
|
July 2014
|
%Change
|
|
LCV Sales
|
26,826
|
16,364
|
- 39%
|
MCV & HCV Sales
|
9,622
|
9,725
|
+ 1%
|
Total Sales
|
36,448
|
26,089
|
- 28%
|
Exports
Exports for Tata Motors increased by 2% for July 2014
with 4,367 units exported compared to 4,277 in July 2013.
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