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Tata Motors witnesses strong year-on-year growth in Oct 2015

By Niranjan Mudholkar,

Added 04 November 2015

Passenger cars (excluding UVs), M&HCV and Exports, growing by 15%, 20% and 13%, respectively in Oct 2015.

Tata Motors continued to witness strong year-on-year growth in certain key segments in October 2015, with passenger cars (excluding UVs), M&HCV and Exports, growing by 15%, 20% and 13%, respectively.

Total sale of Tata Motors passenger and commercial vehicles (including exports) were at 43,486 vehicles, higher by 1%, over 42,862 vehicles, sold in October 2014. The domestic sale of Tata commercial and passenger vehicles for October 2015 were at 38,917 nos., remained flat, over vehicles sold in October 2014.

Cumulative sales (including exports) for the fiscal at 286,055 nos., higher by 2% over 279,532 vehicles, sold last year.

Passenger Vehicles: In October 2015, Tata Motors passenger vehicles recorded a year-on-year growth of 11%, with sales of 12,798 nos., compared to 11,511 nos.

The growth trend was driven by the cars segment, specifically the new launches. The sale of the passenger cars in October 2015 were higher by 15% at 11,049 nos., compared to 9,594 nos., in October 2014. UV sales declined by 9% at 1,749 nos., in October 2015.

Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 77,804 nos., higher by 14% over last year.

(Continued on the next page)

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