Tata Motors Reports Total Vehicle Sales for November 2007

Tata Motors reported a total sale of 46,947 vehicles (including exports) for the month of November 2007, a decline of 4% compared to 49,061 vehicles sold in November last year. Cumulative sales for the company at 3,59,251 nos., grew by 0.3% over last year. The domestic market continues to be sluggish, due to the high interest rate regime, continuing to affect retails.

Commercial Vehicles
The company’s sales of commercial vehicles in November 2007 in the domestic market were 26,895 nos., a growth of 4% compared to 25,793 vehicles sold in November last year. M&HCV sales stood at 14,426 nos, a growth of 0.2% over November 2006, while LCV sales were 12,469 nos., a growth of 10% over November 2006.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were 1,86,869 nos., a growth of 2% over last year. Cumulative M&HCV sales stood at 97,182 nos., a decline of 7% over last year, while LCV sales for the fiscal were 89,687 nos., an increase of 14% over last year.

Passenger Vehicles
The passenger vehicle business achieved total sales of 16,322 vehicles in the domestic market in November 2007, a decline of 16% over November 2006. The Tata Indica reported sales of 10,488 nos., a decline of 19.6% over November 2006. The Tata Indigo family registered sales of 2,014 nos., a decline of 29.5% over November 2006. November 2006 had a high base month for car sales in view of the full supply impact post the restoration of the company's paint shop, which had got damaged in a fire in late September 2006. The Tata Sumo and Tata Safari accounted for sales of 3,820 nos., a growth of 7% over November 2006. The new Tata Safari Dicor 2.2 VTT recorded a 55% growth with sales of 1,775 nos.

Cumulative sales of passenger vehicles in the domestic market for the fiscal were 1,36,820 nos, a decline of 2.6% over the same period last year. Cumulative sales of the Tata Indica at 90,614 nos, reported a decline of 1.3%. Cumulative sales of the Tata Indigo family were 18,679 nos., a decline of 12%. The company reached the landmark of producing a million vehicles off the Indica platform in November 2007, in a period of just under nine years. Cumulative sales of Tata Sumo and Tata Safari were flat at 27,527 nos. The Safari recorded a 25% growth with sales of 10,695 nos.

Exports
The company's sales from exports at 3,730 vehicles in November 2007 declined by 1.7% compared to 3,793 vehicles in November 2006. The cumulative sales from exports in the current period at 35,562 nos. have recorded a growth of 4% over the previous year.