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Tata Motors reports 6% growth in February passenger and commercial vehicles sales

02 Mar 2016 Evaluate

Tata Motors has reported a year-on-year growth of 22% in the M&HCV segment in February 2016. The total sales of Tata Motors passenger and commercial vehicles (including exports) were at 46,674 vehicles, higher by 6%, over 44,233 vehicles, sold in February 2015. The domestic sale of Tata commercial and passenger vehicles for February 2016 were at 41,532 nos. higher by 3% over 40,322 vehicles sold in February 2015. Cumulative sales (including exports) for the fiscal is at 458,654 vehicles, higher by 2% over 449,814 vehicles, sold last year.

In commercial vehicles, while M&HCV sales continued to grow at 14,872 units, higher by 22%, over February 2015, the Light & Small Commercial Vehicle sales witnessed growth at 15,698 units, higher by 10% over February 2015. The overall commercial vehicles sales for Tata Motors in the domestic market at 30,570 units, in February 2016 is an increase of 15%, compared to 26,555 units, in February 2015. Cumulative sales of commercial vehicles in the domestic market for the fiscal are at 288,895 units, higher by 1% over last year. Cumulative LCV sales are at 150,472 units, a decline of 13% over last year, while M&HCV sales at 138,423 units, were higher by 23%, over last year.

In February 2016, Tata Motors passenger vehicles sales were at 10,962 units, a decline of 20%, compared to 13,767 units. The wholesales of passenger cars in February 2016 were lower by 21% at 9,284 units, compared to 11,805 units, in February 2015 and the UV sales declined by 14% at 1,678 units, in February 2016.  Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 118,080 units, lower by 1% over last year.

Further, the company’s sales from exports were 5,142 units, in February 2016, higher by 31% compared to 3,911 vehicles in February 2015. The cumulative sales from exports for the fiscal are at 51,679 units, were higher by 16%, over 44,498 units, sold last year.


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