The country’s largest automobile company, Tata Motors, reported a fall of 3 per cent in its total commercial and passenger vehicles sales in August 2011. The company sold 64,078 vehicles in this period compare to 65,954 units in the same month of 2010. Tata’s small wonder Nano is feeling the heat as its sales dips 85%.
The company’s domestic sales of commercial and passenger vehicles in the month under review went down by two percent at 59,874 units from 60,797 units sold in August 2010. The company’s exports declined by 18 percent in August at 4,204 units as compared to 5,157 units in the like period of 2010.
Passenger Vehicles:
The company’s latest offering Nano’s sales stood at 1,202 units during the month, down 85%, the company said. The ‘Indica’ range reported sales of 7,206 units, down 4% against August, 2010, Tata Motors said.
In addition, the ‘Indigo’ family recorded sales of 5,100 units, a decrease of 24% in comparison to the same month last year. Sales of ‘Sumo’, ‘Safari’ and ‘Aria’ grew by 15 per cent to 3,321 units.
Commercial Vehicles:
In the commercial vehicles segment, the company sold 43,045 units in the domestic market during the month under review compared to 35,585 units in the same month last year, translating into an increase of 20.96 per cent.
Light commercial vehicle sales during the month amounted to 26,344 units, a growth of 27% over last year, while medium and heavy commercial vehicle sales stood at 16,701 units, a growth of 12% compared to August, 2010.
The company’s exports fell by 18.48% to 4,204 units last month from 5,157 units in the same month last year, it added.
