Passenger cars, LCVs help Tata Motors notch higher sales
Passenger cars, LCVs help Tata Motors notch higher sales
New Delhi: Home-grown auto major Tata Motors said sales during April grew by 11% to 40,486 units, as compared to 36,574 units in the same month last year. The company sold higher number of passenger cars, multi-utility vehicles and light commercial vehicles, but sales of medium and heavy commercial vehicles were impacted due to higher interest rates, a company release said.
The company sold 16,842 units of passenger vehicles in the domestic market in April, up 26% over April 2006. It sold 10,870 units of flagship hatchback Tata Indica in the month, up 28%.
Sales in the Indigo family—comprising sedan Indigo and station wagon Indigo Marina, notched up by 2% to 2,632 units. The company sold 3,340 units of Sumo and Safari—an increase of 49% over April last year.
Exports in the month grew 13% at 4,037 units as compared to 3,572 vehicles in April 2006. The company said growth in export volume was primarily driven by commercial vehicles.
The company’s commercial vehicle sales in the domestic market dipped marginally during the month at 19,607 vehicles sold as against 19,674 units in April 2006.
Medium and heavy commercial vehicles sales declined 14% at 10,392 units while LCV sales grew 22% at 9,215 units, the company said.
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