Monday, June 01, 2009

Tata Motors May 2009 Sales Declined by 13.26 Percent

Indian auto maker Tata Motors experienced 13.26 percent fall in its May 2009 sales compared to the same period of last year. Tata sold 40,916 units in May this year against 46,339 units sold in May 2008. The company saw biggest decline in its overseas sales as it recorded 47.30 percent decrease in exports at 1,804 units, over 3,423 units of the same period of the last year. Domestic sales also declined by 20 percent in May.

Tata sold 10,006 Indica models in May which is 3 percent increase over the last year. Indigo car sales were down by 37.6 per cent at 2,832 volumes. Sumo and Safari models together recorded 49 percent decline in May 2009 sales. Though light commercial vehicle sales saw 20 percent growth, Tata Motors experienced 27 per cent decline in its sales in May, compared with May 2008.

Related article:

The Economic Times