Tata Motors sales down 27.6% in March

Tata Motors today reported 27.59% decline in its total vehicle sales at 72,712 units for March 2013.

Tata Motors today reported 27.59% decline in its total vehicle sales at 72,712 units for March 2013.

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The company had sold 1,00,414 units in the same month last year, Tata Motors said in a statement.

For the entire 2012-13 financial year, Tata Motors' total sales went down by 10.66% to 8,10,086 units from 9,06,768 units in the previous fiscal, it added.

In March, the total passenger vehicle sales in the domestic market stood at 12,347 units, down 66.62% from 36,984 units in the same month last year.

In the commercial vehicles segment, the company's sales dipped by 2.15% to 56,813 units in the domestic market during the month under review compared to 58,063 units in the corresponding period last year.

The company's exports decreased by 33.82% to 3,552 units last month from 5,367 units in the same month last year, it added.

During 2012-13, Tata Motors' domestic sales of passenger vehicles dipped by 29.20% to 2,22,112 units from 3,13,710 units in FY'12, the statement said.

Exports for FY'13 also decreased by 19.42% to 50,831 units from 63,078 units in FY'12, the company said.