Increased dispatches of the Nano and improved demand for its new launches pushed overall sales of Tata Motors, India’s largest automobile company (by revenue), in July.
The company reported sales growth of 62 per cent to 27,864 units, highest ever for it in a month, as against 17,191 units reported in the same month a year earlier.
The company stated that during July it had delivered 9,000 units of the Nano, 8,606 of the Indica and 7,007 of the Indigo, while combined sales of the Sumo and Safari were 3,251 units.
Sales of the Italian car brand, Fiat Auto, also sold through Tata, declined to 2,301 units in the same month, a fall of 14.4 per cent as compared to 2,690 units reported in the corresponding month last year.
Bajaj, TVS sales race ahead in July
Pune-based Bajaj Auto, India’s second biggest two-wheeler maker, and Chennai-based TVS Motors today reported a jump of 66 per cent and 33 per cent in two-wheeler sales, respectively, during July. Bajaj, led by its popular Discover and Pulsar models, sold 279,781 units of two-wheelers (including exports) during the month as against 168,163 units sold in the same month last year. Similarly TVS Motors, the country’s third largest bike manufacturer, reported domestic sales of 143,039 units as compared to 107,883 units posted in the same month last year.
Motorcycle sales for TVS Motors grew 42 per cent in July, registering sales of 61,698 units in comparison with 42,998 units. Scooters grew 46 per cent, with sales of 40,357 units in the same month as against 27,673, stated the company is a release.
Bajaj’s statement said lack of adequate production had limited sales of both two-wheelers and three-wheelers. It sales of the latter grew 60 per cent to 38,634 units this July, as compared to 24,104 units last year.
While exports of Bajaj Auto surged 56 per cent to 106,794 units as against 68,585 units in July last year, TVS Motors’ exports grew 54 per cent to 20,067 units, as compared to 13,061 units.
