Tata Motors sales up 13% in Apr 2011

by khalid on 08/05/2011 · 0 comments

 

Jamshedpur-based Tata Motors Limited has sold out 64,383 units in April 2011 which is an increase of 13% when compared to the sales of similar period April 2010. The company sold out 57,199 units in April 2010. The growth was led by the company’s strong sales of its light commercial vehicles and the Nano car.

Commercial Vehicles
The company’s sales of commercial vehicles in April 2011 in the domestic market were 36,738 nos., a 19% growth compared to 30,963 vehicles sold in April last year. LCV sales were 22,802 nos., a growth of 28% over April last year. M&HCV sales stood at 13,936 nos., a growth of 6% over April last year.

Passenger Vehicles
The passenger vehicles business reported a total sale and distribution offtake of 25,436 nos. (23,387 Tata + 2,049 Fiat) in the domestic market in April 2011, compared to 24,899 nos. (23,099 Tata + 1,800 Fiat) in April last year. Sales of Tata passenger vehicles for April 2011 are at 23,387 nos, clocking a gentle growth over April last year. Sales of the Tata Nano were 10,012 nos., higher by 184% over April last year. The Indica range sales were 4,250 nos., lower by 53% over April last year. The Indigo range recorded sales of 5,282 nos., lower by 27% over April last year. The Sumo/ Safari/ Aria/ Venture range accounted for sales of 3,843 nos., higher by 15% over April last year. Jaguar Land Rover sales continued their upward trend.

Exports
The company’s sales from exports at 4,258 vehicles in April 2011 registered a growth of 36% compared to 3,137 vehicles in April last year.

Share’s Data :-
BSE Code : 500570
Mkt. Cap: Rs 76,032.14 Crores
Tata Motors Ltd. share’s CMP is Rs 1,200.95 on 6th May 2011.

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