Tata Motors, one of the biggest car producer in India, announced the sales of 47,678 vehicles in the month of December 2007 and is planing a car for as low as 650 Dollars. Tata Motors delivers already cars to Italy at a price of apr. 8,000 Euro.

Total vehicle sales at 47,678 nos.
Exports grow by 16%

Tata Motors reported a total sale of 47,678 vehicles (including exports) for the month of December 2007, a decline of 2% compared to 48,757 vehicles sold in December last year. Cumulative sales for the company were flat at 4,06,929 nos.

Commercial Vehicles
The company’s sales of commercial vehicles in December 2007 in the domestic market were 28,661 nos., a growth of 2% compared to 28,179 vehicles sold in December last year. M&HCV sales stood at 15,689 nos., a decline of 9% over December 2006, while LCV sales were 12,972 nos., a growth of 19% over December 2006.

Cumulative sales of commercial vehicles in the domestic market for the fiscal were 2,15,530 nos., a growth of 2% over last year. Cumulative M&HCV sales stood at 1,12,871 nos., a decline of 7.7% over last year, while LCV sales for the fiscal were 1,02,659 nos., an increase of 15% over last year.

Passenger Vehicles
Offtake to dealers in the month was curtailed to limit year-end stocks. The passenger vehicle business achieved total sales of 14,316 vehicles in the domestic market in December 2007, a decline of 13% over December 2006. The Indica reported sales of 9,497 nos., a decline of 10% over December 2006. The Indigo family registered sales of 1,379 nos., a decline of 33.6% over December 2006. The Sumo and Safari accounted for sales of 3,440 nos., a decline of 10.6% over December 2006. The Safari recorded a 10% growth with sales of 1,161 nos. The promotional scheme launched by the company on the occasion of the one millionth car production milestone received a very encouraging response with retails being nearly 26,000 vehicles, the highest this fiscal.

Cumulative sales of passenger vehicles in the domestic market for the fiscal were 1,51,136 nos., a decline of
3.7 % over the same period last year. Cumulative sales of the Indica at 100,111 nos., reported a decline of 2%. Cumulative sales of the Indigo family were 20,058 nos., a decline of 13.9%. Cumulative sales of Sumo and Safari were 30,967 nos., a decline of 1%. The Safari recorded a 24% growth with sales of 11,856 nos.

Exports
The company’s sales from exports at 4,701 vehicles in December 2007 grew by 16% compared to 4,063 vehicles in December 2006. The cumulative sales from exports in the current period at 40,263 nos. have recorded a growth of 5% over the previous year.

Sources: www.tatamotors.com