Tata Motors Sales Report For June 2015

India’s leading automobile manufacturer, TATA motors continue to trend with an incremented growth rate in sales for June 2015. In certain key segments like passenger cars (excluding UV’s), M&HCV and Exports sales grew by 44%, 18% and 32%, respectively in this calendar year. The global statistics show that a total of 40,870 commercial and passenger vehicles were sold till June 2015 which amounts to a decisive growth of 6% increment compared to last year’s sale of 38,574 vehicles.

Tata Motors is considered to one of the best Indian car makers when it comes to rugged design and elegant looks. Tata Motors Limited is India’s largest automobile company, with consolidated revenues of INR 2,62,796 crores (USD 42.04 billion) in 2014-15.  The company sales in domestic market also exhibited a growth rate of 3% by sale of 35,823 commercial and passenger vehicles till June 2015. Cumulative sales including exports for the fiscal were recorded as 116,511 in numbers which is higher by 6% over 110,004 vehicles, sold last year.

Growth trend was mainly driven by the car segment specifically by the launch of new Zest and Bolt and the new GenX Nano. The passenger vehicle segment recorded a whooping growth of 30%. It was due to inclined sales by 44% in passenger vehicles followed by the decline in the sales of UV’s by 11%.This corresponded to the cumulative sales of all passenger vehicles in the domestic market higher by 29% for the fiscal compared to last year.

In the commercial vehicles, M&HCV sales continued to show growth by sale of 11,450 vehicles which is higher by 18%, over June 2014. The Light & Small Commercial Vehicle sales however continued to reflect the industrial decline of 18%.This impacted the overall commercial vehicles sales for the company in June 2015 in the domestic market that was at 25,542 nos., a decline of 5%, over June 2014.

Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS and Russia. Such business ventures have resulted in positive domestic and export sales. Export sales were recorded 32% higher at 5047 vehicles compared to 3814 vehicles last June.

Tata motors have been expanding their business ventures by means of direct or roundabout collaboration with various firms. This has not only helped in enhancing their brand base but has proven to be correct  for the statistical data showing their incremental growth rate in many segments.It would be  enthralling to see their upcoming business strategies for the further increments in the figures.