New Delhi, Oct 1 (IANS) Amidst a slowdown in car sales due to high fuel prices and interest rates, automobile major Tata Motors Saturday came out with a 22 percent increase in its overall sales, including exports, for September which stood at 78,786 units as compared to 64,668 units in last September.
According to the company, its domestic sales including commercial and passenger vehicles for the month under review grew by 22 percent at 72,566 units as compared to 59,611 units sold in the same month of last year.
‘Cumulative sales (including exports) for the company for the fiscal (April onwards) are 399,663 numbers, a growth of 5 percent over 380,128 numbers, sold last year,’ the company said in a statement.
Tata Motors also reported a sales increase of six percent for its passenger car segment, including distribution offtake of Fiat cars that stood at 27,137 (26,319 Tata, 818 Fiat), in the domestic market as compared to 25,527 in the same period of 2010.
Meanwhile, the entry-level compact car Nano reported a 47 percent decline in its sales for September at 2,936 units.
The commercial vehicles segment of the company reported good sales figures in domestic market which increased by 29 percent at 46,247 units as against 35,734 units sold in September last year.
In terms of exports the company registered an increase of 23 percent at 6,220 units in the month under review from 5,057 units.
–Indo-Asian News service
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