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Tata Motors Sales Rise 32 Per Cent in August; To Focus on Overseas Market for Growth

By Motortrend India Staff   |   01 September,2010

Auto maker Tata Motors on Wednesday reported a 32.38 per cent increase in its total sales during August at 65,938 units compared to 49,810 units in the same month in 2009.


The home-grown firm’s total passenger vehicles sales in the domestic market stood at 25,196 units in August against 17,364 units in the same month last year, a jump of 45.10 per cent, the company said in a statement.


The company’s exports in the last month grew by 92.14 per cent to 5,157 units compared to 2,684 units in the same month last year, it added. Indica reported sales of 7,531 units, down 22 per cent over August 2009, Tata Motors said.


Indigo family recorded sales of 6,678 units, a rise of 151 per cent over the same month last year. Sales of Sumo and Safari increased by 11 per cent to 2,884 units. In the commercial vehicles segment, the company sold 35,585 units in the domestic market during the month compared with 29,762 units sold in the same month last year.


Light commercial vehicles sales during the month were at 20,734 units, a growth of 11 per cent over the last year, while medium and heavy commercial vehicle sales stood at 14,851 units, a growth of 34 per cent compared with August, 2009.


With about two-thirds of the local market, Tata Motors plans to focus on Africa, Russia, China and the Middle East for growth, Chairman Ratan Tata said. “We hope to increase market share in these economies and widen the passenger car and the commercial vehicles range,” Tata said at an annual shareholder meeting.


Last month, Tata, India’s top truck maker, which also makes utility vehicles and cars, swept past forecasts with a fourth straight quarterly profit, driven by strong demand at its Jaguar-Land Rover unit.



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