Commercial vehicles grow by 16 per cent; passenger vehicles grow by 8 per cent; exports grow by 16 per cent

Tata Motors reported a total sale of 49,354 vehicles (including exports) for the month of October 2007, a growth of 13 per cent compared to 43,743 vehicles sold in October last year. The domestic market continues to be sluggish, due to the high interest rate regime, continuing to affect retails.

Commercial vehicles
The company's sales of commercial vehicles in October 2007 in the domestic market were 27,103 nos., a growth of 16 per cent compared to 23,354 vehicles sold in October last year. M&HCV sales stood at 13,980 nos, a growth of 6 per cent over October 2006, while LCV sales were 13,123 nos, a growth of 29 per cent over October 2006, and could have been better, but for acute shortage of tyres.

Passenger vehicles
The passenger vehicle business achieved total sales of 18,021 vehicles in the domestic market in October 2007, a growth of 8 per cent over October 2006. The Indica reported sales of 11,658 nos, a growth of 6 per cent over October 2006. The Indigo family registered sales of 2,353 nos, a growth of 37 per cent over October 2006. The Sumo and Safari accounted for sales of 4,010 nos, flat compared to October 2006, but a growth of 21 per cent over September 2007. The new Safari Dicor 2.2 VTT launched in the month has received a very encouraging response, with the Safari selling 1,716 nos, a growth of 19.5 per cent over October 2006 and a growth of 70 per cent over September 2007.

Exports
The company's sales from exports at 4,230 vehicles in October 2007 grew by 16 per cent as compared to 3,663 vehicles in October 2006.