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Tata Motors Group global sales grow by 59% in Feb

Published On Mar 16, 2010 06:05 AM By Vikas

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The Tata Motors Group global sales, comprising of Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, Tata passenger vehicles along with distributed brands in India, and Jaguar and Land Rover, were 89,768 nos. in February 2010, a growth of 59% over February 2009. Cumulative sales for the fiscal (April 2009 – February 2010) are 771,238, higher by 17% compared to the corresponding period in 2008-09.

Sales of all commercial vehicles were 42,660 nos. in February 2010, a growth of 70%. Cumulative sales for the fiscal are 365,120 nos., a growth of 35%.

Sales of all passenger vehicles were 47,108 nos. in February 2010, a growth of 50%. Cumulative sales for the fiscal are 406,118 nos., a growth of 4%.

Tata passenger vehicle sales, including those distributed, were 29,911 nos. for the month, a growth of 45%. Cumulative sales for the fiscal are 235,674 nos., a growth of 24%.

Jaguar Land Rover global sales in February 2010 were 17,197 vehicles, higher by 60%. Jaguar sales for the month were 3,292, higher by 55%, while Land Rover sales were 13,905, higher by 62%. Cumulative sales of Jaguar Land Rover for the fiscal are 170,444 nos., lower by 16%. Cumulative sales of Jaguar are 42,776 nos., lower by 26%, while cumulative sales of Land Rover are 127,668 nos., lower by 11%.

Tata Motors is India's largest automobile company, with consolidated revenues of Rs.70,938.85 crores ($ 14 billion) in 2008-09. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India.  With over 4 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world's fourth largest truck manufacturer and the second largest bus manufacturer.

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