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Tata Motors Reports 29% Surge In Sales
The entire sales of Tata's vehicles totaled to 85,114 units in August 2010, a growth of 29 percent over August 2009. This has taken the cumulative sales for the fiscal (April 2010 - August 2010) to 424,938, higher by 42 percent compared to the corresponding period in 2009-10. Sales of all commercial vehicles were 40,882 last month, a growth of 25 percent, taking the cumulative sales to 192,612, a growth of 35 percent.
Sales of all passenger vehicles were 44,232 in the month, a growth of 33 percent and the corresponding cumulative sales are 232,326, a growth of 49 percent. Tata passenger vehicle sales, including those distributed, were 28,012 for the month, a growth of 35 percent with a cumulative increase of 50 percent.
Jaguar Land Rover global sales in August 2010 were 16,220 vehicles, higher by 29 percent. Jaguar sales for August 2010 were 3,788, higher by 33 percent, while Land Rover sales were 12,432, higher by 28 percent. Cumulative sales of Jaguar Land Rover for the fiscal are 92,759, higher by 46 percent. Cumulative sales of Jaguar are 24,919, higher by 31 percent, while cumulative sales of Land Rover are 67,840, higher by 52 percent.
Tata Motors is planning to launch its Venture MPV and Aria Crossover in the near future. With the introduction of these models, the company can expect more volumes because, both the vehicles, displayed in the Delhi Auto Expo kindled huge interests among the public. Tata Venture would be a 8 seater van, with A/C and powered by 1.4 L diesel engine. Venture with its boxy stance, assures an easy handling and parking in urban traffic. Ventures is expected to be priced between Rs.4.5 lakh to Rs. 6 lakh. Tata Aria, the first crossover from an Indian Vehicle manufacturer is pitched against Toyota Innova and its likes. Aria has theater like three row seats, state of the art technologies and sports segment first features as well.
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