Home Economy Tata Motors sales up by nine percent

Tata Motors sales up by nine percent

By IANS,

Mumbai : Tata Motors reported a total sale of 46,339 vehicles (including exports) for the month of May 2008 against 42,558 in the year-ago period, recording a growth of nine percent.

The company said its domestic sales increased by 15 percent during the month at 23,682 units, against 20,675 units in May 2007.

Its M&HCV and LCV sales recorded a growth respectively of 12 percent and 17 percent over May 2007.

In the domestic market, passenger vehicle business achieved a total sales of 19,234 units as compared to 17,580 units sold in May 2007.

The Indica model reported sales of 9,686 units, a decline of 19 percent over May 2007. The Indigo recorded a growth of 105 percent with sales of 4,542 units.

The Sumo and Safari models accounted for sales of 5,006 units, a growth of 49 percent.

Exports during the month stood at 3,423 vehicles as compared to 4,303 vehicles in the same month last year, a decline of 20 percent.