Tata Motors’ total sales (including exports) of commercial (CV) and passenger vehicles (PV) in October 2014 were 42,819 vehicles, a decline of 8% over 51,638 vehicles sold in October 2013.
The company’s domestic sales of Tata commercial and passenger vehicles for October 2014 were 42,819 units., 17% decline over 51,638 units. sold in October last year. The company’s sales from exports were 4,059 units in October 2014, declined by 14% compared to 4,712 vehicles in October last year.The company’s sales of commercial vehicles in October 2014 in the domestic market were 27,249, 33% decline compared to 40,728 vehicles sold in October last year. M&HCV started to show positive sales trend, however LCV segment is still going down by 48% in October 14.The car sales is disappointing during festive season, Tata Zest and festive season has given some support. It registered 19% declined in September 2014.The car sales is disappointing during festive season, Tata Zest sales has given some support to increase car sales in sedan segment. It registered 19% declined in October 2014.
Latest Updates:
– Tata Motors has Issued of US$750 million dual-tranche 5.5 and 10-year fixed rate senior notes.
– Tata Motors launched its premium truck range of Tata ULTRA trucks in Sri Lanka to capture niche segment
Ashok Leyland registered 23% growth in October 2014
Ashok Leyland sold 8,375 units in October 2014 as against 6,803 units sold in October 2013, recording a growth of 23%. The sales for M&HCV for the period up by 43% while LCV declined by 6%.From April-October 2014, Ashok Leyland sold 53,694 units in October 2014 as against 51,644 units sold in October 2013, recording a growth of 4%. The sales for M&HCV for the period up by 12% while LCV declined by 12%.
Latest Updates:
– Ashok Leyland has signed a MoU with Bank of Maharashtra for vehicle financing
– Ashok Leyland awarded an additional order worth USD 17 mn from Sri Lanka
– UK Secretary of State for Business Dr. Vince Cable MP, Innovation & Skills, visited Ashok Leyland’s Head Quarters and later their plant Chennai
VECV registered 2% growth in October 2014:The total sales for Eicher Trucks and Bus for October 2014 were 3,052 units against 3,001 units in October 2013, registering 2% decline of sales. The domestic sales for the month decreased by 5% as 2,637 units were sold against 2,494 units sold during the same month of previous year. Exports for the month were 558 units against 364 units exported during October 2013.
Source: ACG, Tata Motors, Ashok Leyland, VECV
Positive signs of growth in days to come.
Peeyush Kulshreshtha
EMG Co-Ordinator West
Citicorp Finance India Limited
Glad at least Tata did some positive growth!
Saba Uddin
Director Commercial
Ango Zara Auto (Bajaj Auto Sales)
it is very good sign for HCV segment
This is really a good news after so many months…hope this continuous.
Yogesh Rai Khanna
Dy.GM
FAG Bearings India Ltd.( Schaeffler Group,Germany)
Yes, after a long time it has happened.Really a good news for us.
Adhishakthi Krishnapillai
Vehicle systems(Suspension systems)
Ashok Leyland
Very good inputs
Ranajit Mukherjee
Dy.General Manager- Sales
MAN Trucks India Pvt.Ltd
Sign of good things to come.. All Indian companies 🙂 Cheers to that!
Shyam Prasad Panuganti
Consultant
GENPACT
It is good move in CV industries . Let’s hope for the fast recovery.
Rajesh Khetrapal
Sourcing Manager
Atlas Copco India Ltd