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Commercial vehicle sales up 4.1% Indica sales up 51%
October 10, 2001

Tata Engineering reported a total sale of 14761 vehicles in the domestic market in September 2001, representing an increase
of 9.6% over 13446 vehicles sold in September 2000.

Commercial Vehicles 

The Company's total commercial vehicle sales in September 2001 stood at 7462 nos. showing a growth of 4.1% over the corresponding period last year and 13% over the previous month this year. 

This was primarily led by a robust growth of nearly 34% in the Medium and Heavy segment in September and about 7% in the six-month period April-September, 2001. The sale of light commercial vehicles continues to remain weak at 2107 nos. sold in September 2001.

Passenger Cars
The passenger car business achieved a growth of 15.7% in September 2001 with a total sale of 7299 vehicles in the domestic market and ended the first 6 months of the financial year with a cumulative sale of 39022 vehicles - a growth of 1.1% against an overall industry decline of 3.5%.  The Company increased its market share to 11.7% of the total passenger car and utility vehicle market comprising of 13 manufacturers from 10.6% last year. 

Indica sales grew for the fourth consecutive month with a growth of 51% at 5405 nos. in September 2001 with cumulative sales at 27535 nos. registering a growth of 10.3%.  Indica became the highest selling car in its segment for the first time in September and has ended the first 6 months with a market share of 20% in an 8 model segment comprising of 5 manufacturers.  Utility vehicle sales in September were 1891 nos. and ended the first 6 months of the financial year with a decline of 15% at 11440 nos.  The Company's market share stood at 23% in the utility vehicle segment.

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