Tata Motors November sales dip 39 per cent to lowest in three years

Hit hard by subdued domestic sales, home-grown auto major Tata Motors on Sunday reported a nearly 39 per cent decline in November sales at 40,863 units, its lowest in at least three years.

 

The company had clocked total sales, including exports, of 66,500 units in November, 2012 and 76,823 units the same month in the previous year.

 

Tata Motors' domestic sales in November this year slipped by over 40 per cent to 37,192 units compared to 62,354 units in November last year.

 

Exports also declined to 3,671 units from 4,146 units a year earlier.

 

"The company's sales of commercial vehicles in November, 2013 in the domestic market were 26,816 units, LCV sales were 19,993 units, while M&HCV sales stood at 6,823 units," Tata Motors said in a statement.

 

The auto major sold 10,376 units of passenger vehicles in the past  month.

 

Sales of the Nano, Indica and Indigo range were at 7,910 units, while sales of the Sumo, Safari, Aria and Venture range were at 2,466 units.