Monday, August 16, 2010

Tata Motors Group observed sales growth in July

India’s largest commercial vehicle producer, Tata Motors reported a rise in its July global sales. On August 16, 2010, the company reported that it sold 90,646 vehicles in July 2010 which is a 36 percent rise against the July 2009 sales figure. Cumulative vehicle sales, from April 2010 to July 2010, rose to 339,824 units, a rise of 64 percent against the corresponding period in 2009-10.

Tata Motors global sales comprises of Tata, Tata Daewoo, Hispano Carrocera vehicles, Jaguar and Land Rover and Tata passenger vehicles sold in abroad and India.

Sales of commercial vehicles rose to 40,576 units showing a 30 percent growth while cumulative sales rose to 151,730 units showing a growth of 38 percent.

Sales of all passenger vehicles rose 42 percent in July to 50,070 units while cumulative sales rose 53 percent to 188,094 units. Passenger vehicles, including those distributed, rose 50 percent to 30,684 units while cumulative sales for the fiscal year rose 55 percent to 111,555 units.

The British brand, Jaguar Land Rover, which Tata Motors acquired in 2008 for $3 billion showed strong growth posting a sales of 19,386 vehicles in July, a 30 percent rise against the sales of corresponding period last year. Cumulative sales of Jaguar Land Rover are 76,539 units showing a growth of 50 percent.

Jaguar brand sales rose 26 percent to 5,676 units while cumulative sales stood at 21,131 units registering a growth of 31 percent.

Land Rover sales rose to 13,710 units showing a rise of 31 percent while cumulative sales rose to 55,408 units, a rise of 59%.

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