Tata Motors has registered a sales growth of 10% in May 2010 by selling 62,296 vehicles as against the 56,775 vehicles sold in May 2010.
In the domestic market, Tata sold 56,762 vehicles (including passenger and commercial vehicles) last month as against the 52,799 units sold in the year ago period showing 8% growth.
Tata Motors passenger vehicles business reported a total sale and distribution off-take of 21,549 cars which includes 19,401 Tata cars and 2,148 Fiat cars in the domestic market in May 2011, compared to 23,487 units (21,324 Tata cars + 2,163 Fiat cars) in May 2010.
Last month the sales of Tata’s passenger vehicles dipped by 9% when compared with sales in May last year. Tata Motors sold 6,515 units of Nano and 5,497 units of Indica range (Indica Xeta, Indica eV2 and Indica Vista) and 4,268 units of Indigo range. When compared to May 2010, the sales in May 2011 of Indica range and Indigo range has dropped by 35%.
Models like the Tata Sumo, Safari, Aria and Venture sold 3,121 units, which is higher by 15% over May last year. Overall, the usual volume drivers for Tata the Indica and the Indigo models continue to show decline in sales in the recent past. Also read: Have you seen a Tata Aria? Chances diminish as March sales plummet
This could be because of the new and competitively priced models in the Indian market such as Ford Figo, Toyota Etios, Nissan Micra etc.
Cumulative sales for the company for the fiscal are 126,679 units (including exports), a growth of 11% over 113,974 units sold in 2010. Cumulative sales and distribution off-take of passenger vehicles in the domestic market for the last fiscal (2010-2011) are 46,985 units that include 42,788 Tata cars and 4,197 Fiat cars.
The sales, when compared to 48,386 units (44,423 Tata + 3,963 Fiat) sold last year, shows a dip of 3%. Cumulative sales of the Tata Nano are 16,527 units, a 134% increase compared to 7,075 units sold in May last year. Cumulative sales of the Indica range are 9,747 units, lower by 44% as against Indica range cars sold last year. Also read: Tata Nano small car now being exported to Sri Lanka
Similarly, cumulative sales of the Indigo family are 9,550 units lower by 31%. The only segment where Tata Motors have registered higher sales growth is the MPV/SUV segment as the cumulative sales of the Sumo/Safari/ Aria range are 6,964 units higher by 15%.
Among the exports, Tata Motors sales stood at 5,534 vehicles in May 2011, a growth of 39% compared to 3,976 vehicles sold in May last year. The cumulative sales from exports for the fiscal at 9,792 units are higher by 38% over 7,113 units sold in the same period last year.
It seems like Tata has started out on the right foot and if the play their cards right they could end up doing rather well this fiscal year!