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Tata Motors reports six per cent growth in sale of vehicles in February

Total sales of Tata Motors passenger and commercial vehicles (including exports) in February were 46,674 vehicles, higher by six per cent over the figures for February 2015.



The domestic sale of Tata commercial and passenger vehicles for February added up to 41,532 units, higher by three per cent over the figures for the same month in 2015. 

Cumulative sales (including exports) for the fiscal are at 458,654 units, higher by two per cent over the figures for the same period in the previous fiscal.

The company reported a 20 per cent fall in sale of passenger vehicles in February to 10,962, as compared to 13,767 cars sold in the same month last year. Wholesales of passenger cars were lower by 21 per cent at 9,284, while UV sales fell by 14 per cent to 1,678 units.

Cumulative sales of all passenger vehicles in the domestic market for the fiscal added up to 118,080 units, lower by one per cent in comparison to figures for the same period last fiscal.

The company’s sales from exports were 5,142 units in February, higher by 31 per cent compared to the figures for February 2015. The cumulative sales from exports for the fiscal stood at 51,679 units, higher by 16 per cent.

But the company continued to witness year-on-year growth in the M&HCV segment in February with a growth of 22 per cent. Light and small commercial vehicle sales were higher by 10 per cent at 15,698 units.

Overall commercial vehicles sales in the domestic market stood at 30,570 units in February 2016, an increase of 15 per cent. Cumulative sales of commercial vehicles in the domestic market for the fiscal are at 288,895 units, higher by one per cent over last year.