Commercial Vehicles
Tata Engineering reported a sale of 5832 commercial vehicles in July 2001 as against 5530 nos. in July 2000, an increase of 5.5%. The medium and heavy commercial vehicles registered a sale of 4115 nos. in July 2001 as against 3483 nos. in July ’00, showing an increase of over 18%. LCV sales at 1717 nos. showed a drop of 16% over 2047 nos. sold in the corresponding month last year.

Tata Engineering said that this was the first time in over a year that sales for the reporting period showed an increase over the corresponding period last year.

Passenger cars
Tata Indica registered a sale of 4205 nos. in July ’01 which was a growth of 19% over July ’00 sales. This robust performance came on the back of a 16.5 % growth in June this year and the car ended the first 4 months of the current financial year with a total sale of 16,973 nos. Indica’s market share in its segment stood at 18.2% - an increase over 16.8% that it had last year. Utility vehicle sales in July were at 1744 nos. with a cumulative sale of 7497 nos. for the current financial year. Safari sales grew 21% with the newly launched Ex model finding wide acceptance in the market. The Company’s utility vehicle market share stood at 23% at the end of July.

The passenger car business unit of the Company registered a total sale of 5952 nos. for the month with a cumulative sale of 24,507 vehicles till the end of July. The overall industry has grown by a marginal 0.7% for the first 4 months of the current financial year with significant growth only in June.

Issued by :
V Krishnan
Vice President (Corporate Communications)
Tata Engineering & Locomotive Co Ltd.
Phone: 2044566
Fax : 2854657
E-Mail: vkrishnan@telco.co.in