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Telco sales zoom 68 per cent in May
Financial Express — June 10, 2003

Tata Engineering has recorded a substantive 67.9 per cent jump in total sales of vehicles sold during May as compared to the sales achieved during the same month last year with the passenger car business contributing largely to the increase.

The total number of vehicles sold during the month was 21,929, out of which domestic sales stood at 20,715, according to a company release.

Sales of commercial vehicles in May was 9,800, an increase of 37.3 per cent over 7,140 vehicles sold during the same period last year, it said.

Cumulative sales of commercial vehicles during the current fiscal increased by 24 per cent to 16,848 as against 13,587 number of vehicles sold during the first two months of last fiscal.

The company registered a total domestic sale of 10,915 passenger vehicles in May, 2003 - a huge 110 per cent increase over May last year - to take the cumulative sale this fiscal to 18,846 numbers.

The Indigo model clocked a sales volume of 1,983 to retain its position as the largest selling model in its segment in the domestic market, the release said.Sale of utility vehicles during the month was 2,160 with the Tata Safari notching up a growth of 15 per cent.

On export front, the company recorded a 9.7 per cent increase in April-May, 2003.

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