Tata Motors global sales crash 22% in February
14 March 2013 6:11 AM IST
Tata Motors global sales fell by 22.36 per cent in February to 98,837 units over the same month in the previous year.
The company had sold 1,27,318 units in February 2012.
Sales of luxury brands from Jaguar Land Rover were up at 35,485 units in February, as against 32,257 units in the year-ago month.
While sales of luxury sedans of Jaguar brand stood at 7,102 units, Land Rover sales were at 28,383 units during the month, the company said in a statement.
Total passenger vehicle sales stood at 46,662 units in February, down 32.82 per cent from 69,461 units in the same month previous year.
Commercial vehicle sales were down 9.82 per cent to 52,175 units from 57,857 units in February 2012.Tata Motors group's global sales comprise Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, Tata passenger vehicles, along with the distributed brands in India, Jaguar and Land Rover.
HONDA TO HIKE CAR PRICES ACROSS MODELS BY UP TO 2% FROM APRIL
Honda Cars India Ltd (HCIL) will increase prices of its vehicles across models by up to 2 per cent from April to offset cost of OBD (on-board diagnostics) compliance and freight increase.
'We we are increasing car prices from 1 April, 2013 by an amount of up to 2 per cent. The details are still being worked out,' a company official said.
The increase in prices will be primarily on account of OBD compliance effective from April 1, 2013 and freight increase, the official added.
At present the company sells hatchbacks Brio and Jazz, sedans City, Civic, Accord and sports utility vehicle CR-V with price ranging from Rs 4.1 lakh to Rs 27.38 lakh (ex-showroom Delhi) across the models.
The price hike comes at a time when the company witnessing a decline sales in a tough market. HCIL had reported 26.49 per cent decrease in its domestic sales for February 2013 at 6,510 units as against 8,856 units in the same month last year.HCIL is slated to introduce its much-awaited entry-level sedan Amaze in April, which will be the company's first diesel offering in India.
The company had sold 1,27,318 units in February 2012.
Sales of luxury brands from Jaguar Land Rover were up at 35,485 units in February, as against 32,257 units in the year-ago month.
While sales of luxury sedans of Jaguar brand stood at 7,102 units, Land Rover sales were at 28,383 units during the month, the company said in a statement.
Total passenger vehicle sales stood at 46,662 units in February, down 32.82 per cent from 69,461 units in the same month previous year.
Commercial vehicle sales were down 9.82 per cent to 52,175 units from 57,857 units in February 2012.Tata Motors group's global sales comprise Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, Tata passenger vehicles, along with the distributed brands in India, Jaguar and Land Rover.
HONDA TO HIKE CAR PRICES ACROSS MODELS BY UP TO 2% FROM APRIL
Honda Cars India Ltd (HCIL) will increase prices of its vehicles across models by up to 2 per cent from April to offset cost of OBD (on-board diagnostics) compliance and freight increase.
'We we are increasing car prices from 1 April, 2013 by an amount of up to 2 per cent. The details are still being worked out,' a company official said.
The increase in prices will be primarily on account of OBD compliance effective from April 1, 2013 and freight increase, the official added.
At present the company sells hatchbacks Brio and Jazz, sedans City, Civic, Accord and sports utility vehicle CR-V with price ranging from Rs 4.1 lakh to Rs 27.38 lakh (ex-showroom Delhi) across the models.
The price hike comes at a time when the company witnessing a decline sales in a tough market. HCIL had reported 26.49 per cent decrease in its domestic sales for February 2013 at 6,510 units as against 8,856 units in the same month last year.HCIL is slated to introduce its much-awaited entry-level sedan Amaze in April, which will be the company's first diesel offering in India.
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