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Tata Motors Reports Profit of 34 per cent

By Motortrend India Staff   |   03 November,2009

Tata Motors is posting total sales, including exports, of commercial and passenger vehicles in October 2009 of 53,404 vehicles, a growth of 34 per cent over 39,729 vehicles sold in October 2008. The company's domestic sales of Tata commercial and passenger vehicles for October 2009 were 50,552 units, a 40 per cent growth over 36,168 units sold in October last year.


Cumulative sales (including exports) for the company for the fiscal at 326,895 units, recorded a growth of 7 per cent over 305,438 units sold last year.Tata Motor's sales from exports at 2,852 vehicles in October 2009 were lower by 20 per cent compared to 3,561 vehicles in October last year.


The company's sales of commercial vehicles in October 2009 in the domestic market were 30,541 units, a 59 per cent growth compared to 19,154 vehicles sold in October last year. Cumulative sales of commercial vehicles in the domestic market for the fiscal are 192,241 units, a growth of 17 per cent over last year.


The passenger vehicles business reported a total sale and distribution off-take of 22,232 units, including 2,221 units of Fiat, in the domestic market in October 2009, a 28 per cent increase compared to 17,378 units (including 364 units of Fiat) in October last year, and the highest this fiscal. Sales of Tata cars, at 17,557 units were also the highest this fiscal, and grew by 25 per cent over October 2008. The sales of the Tata Nano were 3,018 units. The Tata Indica range sales were 9,640 units, a growth of 2 per cent over October last year. The Indigo range recorded sales of 4,899 units, a growth of 6.1 per cent over October last year. The Sumo and Safari range accounted for sales of 2,454 units, lower by 16 per cent over October last year.


Jaguar and Land Rover sales continued their upward trend since launch in June.


Cumulative sales and distribution off-take of passenger vehicles in the domestic market for the fiscal are 133,693 units (including 15,114 units of Fiat), against 117,714 units (including 2,771 units of Fiat) last year, a growth of 13.6 per cent.



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