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Indigo's ahead of rivals for 2nd month in a row
Economic Times — March 7, 2003

Telco’s mid-size sedan, the Indigo, continues to have a clear lead over competitors in the C segment. In its second month in February, the company sold 1,772 Indigos, as compared to Hyundai’s 1,200 Accents and Maruti’s around 700 Esteems. Indigo’s cumulative sales stood at 4,384 units for the fiscal.

Indica sales, at 5,030 units in February ’03, resulted in its cumulative sales for the fiscal growing 16% to 64,310 units, when compared with the previous fiscal. The company’s utility vehicle sales were flat at 2,078 units, taking the cumulative sales up to 21,303 units for the fiscal.

The company sold 11,272 commercial vehicles in February ’03, 46% more than the 7,715 units sold in February ’02. The cumulative sales of commercial vehicles rose 34% to 95,431 units in the fiscal.

M&HCV sales, at 8,208 units, grew 65% in February, while the cumulative sales for the April-February period rose 35% to 66,005 units. LCV sales for the April-February period were at 29,426 units, a growth of 31% over the corresponding period last year.

Telco reported total sales of 20,152 vehicles in the domestic market in February ’03, representing an increase of 20.8% over February ’02. Total sales for the April-February period stood at 1.85 lakh units, up 25% over the corresponding period last year.

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