December 16, 2024 18:28 (IST)
Tata Motors registers sales for December 2015 at 39,973 units
Kolkata/Mumbai, Jan 1 (IBNS): Tata Motors continued to witness year-on-year growth in the M&HCV segment in December 2015, with a growth of 2%.
Total sale of Tata Motors passenger and commercial vehicles (including exports) were at 39,973 vehicles, lower by 4%, over 41,734 vehicles, sold in December 2014.
The domestic sale of Tata commercial and passenger vehicles for December 2015 were at 35,416 nos. lower by 6% over 37,776 vehicles sold in December 2014.
Cumulative sales (including exports) for the fiscal at 364,946 nos., higher by 1% over 362,986 vehicles, sold last year.
In commercial vehicles, while M&HCV sales continued to grow at 12,673 nos., higher by 2%, over December 2014, the Light & Small Commercial Vehicle sales has witnessed growth at 14,674 nos., higher by 11% over December 2014, thus increasing the overall commercial vehicles sales for Tata Motors in the domestic market by 6%, at 27,347 nos., in December 2015, compared to 25,736 nos in December 2014. LCV growth has come after many months, and if sustained, could see return of growth in this segment, albeit on a low base.
Cumulative sales of commercial vehicles in the domestic market for the fiscal are at 227,655 nos., lower by 3% over last year. Cumulative LCV sales are at 118,797 nos., a decline of 18% over last year, while M&HCV sales at 108,858 nos., were higher by 22%, over last year.
In December 2015, Tata Motors passenger vehicles sales were at 8,069 nos., decline of 33%, compared to 12,040 nos. The wholesales of passenger cars in December 2015 were lower by 31% at 6,900 nos., compared to 9,956 nos., in December 2014 and the UV sales declined by 44% at 1,169 nos., in December 2015.
Last year, in the anticipation of increase in excise, effective 1st of January 2015, the sales in December 2014 increased unusually. Hence, this year the sales have been impacted due to a high base effect.
Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 96,390 nos., higher by 5% over last year.
The company's sales from exports were 4,557 nos., in December 2015, higher by 15% compared to 3,958 vehicles in December 2014. The cumulative sales from exports for the fiscal are at 40,901 nos., were higher by 12%, over 36,626 nos., sold last year.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
'We have to work hard to make India no. 1': Infosys co-founder Narayana Murthy defends his ‘70-hour work week’ again
Mon, Dec 16 2024
Govt unveils 'Jalvahak' scheme to bolster long-haul cargo movement via inland waterways
Sun, Dec 15 2024
India’s per capita fruits and vegetables availability rises, but challenges persist: SBI report
Sat, Dec 14 2024
Switzerland revokes India's 'Most Favoured Nation' status over 2023 Supreme Court ruling in Nestle case
Fri, Dec 13 2024
Central Consumer Protection Authority issues notices to 17 direct-selling companies over alleged unfair trade practices
Fri, Dec 13 2024
SpiceJet clears employee PF dues of Rs 160.07 cr
Fri, Dec 13 2024
Nearly 97% of Indian villages covered with mobile connectivity: Govt
Thu, Dec 12 2024