Tata Motors records sales growth of 6% in August 2016

Tata-Motors-logo Key Highlights:

  • Posted a 17% sales growth in passenger cars over last year, led by strong demand for the recently launched Tiago
  • LCV sales continued to grow at 10% in August 2016
  • Strong exports growth of 27%

Tata Motors passenger and commercial vehicle sales (including exports) in August 2016 were at 43,061 vehicles, a growth of 6%, over 40,679 vehicles sold in August 2015. The company’s domestic sales of Tata commercial and passenger vehicles for August 2016 was at 36,466 nos., a growth of 3%, over August 2015. The company continued to witness year-on-year growth in certain key segments in August 2016, with the company’s LCV sales growing by 10% and its passenger cars growing by 17%.
Cumulative sales (including exports) of the company for the fiscal was at 2,09,950 nos., higher by 6% over 1,97,337 vehicles, sold last year.

Passenger Vehicles

In August 2016, Tata Motors passenger vehicles in the domestic market, recorded a sale of 13,002 nos., a year-on-year growth of 16%, compared to 11,163 nos. sold in August 2015.

Sales of passenger cars in August 2016 was higher by 17% at 11,435 nos., compared to 9,814 nos., in August 2015, due to strong demand for the recently launched Tiago. Cumulative sales growth of all passenger vehicles in the domestic market, were 58,064 nos., a growth of 10%, compared to 52,986 nos., in August 2015.

Commercial Vehicles

The overall commercial vehicles sales in August 2016, in the domestic market were at 23,464 nos., lower by 3%, over August 2015. The sales of Tata Motors Light Commercial Vehicles, continued to grow in the domestic market at 13,495 nos., an increase of 10% over August 2015.

M&HCV sales were at 9,969 nos., lower by 17%, over August 2015. The segment saw subdued demand, with the slowdown of recent months continuing, as a result of postponement of replacement and fleet expansion.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were at 1,26,104 nos., higher by 5% over last year. Cumulative LCV sales were at 70,336 nos., an increase of 9% over last year, while M&HCV sales of 55,768 nos., a decline of 1%, over last year.

The company’s sales from exports was at 6,595 nos., in August 2016, a growth of 27% compared to 5,201 vehicles sold in August 2015. The cumulative sales from exports for the fiscal was at 25,782 nos., higher by 8%, over 23,789 nos., sold last year.