Tata Motors group global wholesales falls by 16.5 per cent in March 2013

Tuesday 16 April 2013, 10:56 AM by

Tata Motors, the country’s largest automobile manufacturer, has announced that its global wholesales for all vehicles in the month of March 2013, that include Jaguar Land Rover (JLR), stands at 1,16,521 units. There has been a fall of 16.5 per cent as compared to March 2012, where 1,39,655 units were sold by the company. Cumulative wholesales for the whole 2012-13 fiscal stand at 1,196,416 units, which is lesser by 4.45 per cent as compared to the previous fiscal, when 12,52,173 units were sold.

Amongst the cumulative figures, global wholesales for all commercial vehicles, which include Tata, Tata Daewoo and Tata Hispano Carrocera, stood at 60,799 units during March 2013. Calculating the cumulative commercial vehicle wholesales figure, the number recorded by the company was 595,416.

In the passenger vehicle segment, global wholesales for all passenger vehicles were recorded at 55,722 units. During the 2012-13 fiscal, cumulative passenger vehicles sold were 601,000 units. For Tata Motors, global wholesales stood at 13,040, while cumulative wholesales in the whole fiscal stood at 228,938 units. For the luxury vehicle segment, global wholesales for Jaguar and Land Rover were 42,682 vehicles, out of which Jaguar sold 7,621 units and Land Rover sold 35,061 vehicles. Jaguar gained by 43 per cent and Land Rover by 13 per cent in its global wholesales. Similarly, cumulative wholesales for Jaguar were at 57,812 units and those for Land Rover were 314,250 units.

It is clear that a sluggish demand for passenger vehicles, medium and heavy commercial vehicles is being experienced by Tata Motors, which is being upheld only by the positive outlook of its luxury brand- Jaguar Land Rover. Sales last year also included those accomplished by Fiat India, which has now successfully disassociated from the alliance. It is expected that during the next few months, Tata Motors will be able to regain command of the industry with new vehicles and through Jaguar Land Rover in its portfolio.

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