Wednesday, April 10, 2013

Tata Motors sales down 27.6 per cent in March

Tata Motors sales down 27.6 per cent in March

Tata Motors sales down 27.6% in March
Tata Motors has reported 27.59 per cent decline in its total vehicle sales at 72,712 units for March 2013. The company had sold 1,00,414 units in the same month last year.

The total passenger vehicle sales in the domestic market stood at 12,347 units in March 2013, down 66.62 per cent from 36,984 units in the same month last year.

In the commercial vehicles segment, the company's sales dipped by 2.15 per cent to 56,813 units in the domestic market during the month under review, compared to 58,063 units in the corresponding period last year.

Tata Motors' exports decreased by 33.82 per cent to 3,552 units in March 2013 from 5,367 units in the same month last year, a statement from the company said.

For 2012-13, Tata Motors' total sales went down by 10.66 per cent to 8,10,086 units from 9,06,768 units in the previous fiscal.

Domestic sales of passenger vehicles for the financial year dipped by 29.20 per cent to 2,22,112 units from 3,13,710 units in FY12, the statement said.

Commercial vehicle sales in 2012-13 financial year in domestic market sood at 5,37,143 units as against 5,29,980 units in the previous financial year, down 1.35 per cent.

Exports for FY13 also decreased by 19.42 per cent to 50,831 units from 63,078 units in FY12, the company said.

MD JAVED ALAM 
PGDM 2ND SEMESTER

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