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Sunday, October 2, 2011

Tata Motors sales up 22% at 78,786 in September, Latest Stock Price

Tata Motors sales up 22% at 78,786 in September, Latest Stock Price


Tata Motors reported 22% increase in total sales during September to 78,786 units, but sales of its small car Nano declined 47%.
The company had sold a total of 64,668 units in the same month of 2010, Tata Motors said in a statement.
The homegrown firm's total passenger vehicles sales in the domestic market stood at 26,319 units in September, up 10.22% from 23,877 units in the same month last year.
The company's small car Nano's sales stood at 2,936 units during the month, down 47%, the company said.
The 'Indica' range reported sales of 10,282 units, up 64% from September, 2010, Tata Motors said.
In addition, the 'Indigo' family recorded sales of 7,793 units, a decrease of 11% in comparison to the same month last year. Sales of 'Sumo', 'Safari', 'Aria' and 'Venture' grew by 60% to 5,308 units.
In the commercial vehicles segment, the company sold 46,247 units in the domestic market in September, compared to 35,734 units in the same month last year, up 29%.
Light commercial vehicle sales during the month amounted to 28,092 units, a growth of 47% over last year, while medium and heavy commercial vehicle sales stood at 18,155 units, a growth of 9% compared to September, 2010.
The company's exports grew by 23% to 6,220 units last month from 5,057 units in the same month last year, it added.


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