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Commercial vehicle sales up 12.5%
Indica sales up 49% Total Sales in August up 9.8%

September 12, 2001

Tata Engineering reported a total sale of 14,399 vehicles in August 2001, representing an increase of 9.8% over 13,108 vehicles sold in August 2000.

Commercial Vehicles
The Company reported a sale of 4,293 nos. medium and heavy commercial vehicles in August 2001 which was 26.3% higher than August 2000 and 3.6% over July this year. LCV sales at 2310 nos. grew 33.2% over July 2001, but showed a drop of 6% as compared to August last year.

The Company’s total sales of commercial vehicles in August 2001 at 6,603 nos. showed an increase of 12.5% over 5,870 nos. sold in the corresponding period last year and 12.3% over the previous month this year.

Passenger Car
The passenger car business registered a total sale of 7,216 vehicles in the domestic market in August ’01, which was a 22% growth over August ’00 and ended the first five months of the current financial year with a cumulative sale of 3,1723 vehicles. The Company increased its market share to 11.2% of the total passenger car and utility vehicle market comprising of 13 manufacturers.

Indica sales grew for the third consecutive month with a growth of 49% at 5,157 nos. in August ’01. Cumulative sales for the car at 22130 nos. have also grown at 3.5% this financial year. The car’s market share increased to 19% in its segment at the end of August ’01. Utility vehicle sales at 2,052 nos. in August ’01 grew by 18% over July ’01 but declined by 15% over August ’00. Cumulative sales for the financial year stood at 9,549 nos. with a market share of 23% in its segment.

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