Tata Motors, total vehicle sales at 39,729 nos. in Oct-2008

Tata Motors reported total sales of 39,729 vehicles (including exports) for the month of October 2008, a decline of 20% compared to 49,354 vehicles sold in October last year. Cumulative sales for the company at 305,414 nos., declined by 2%. Unavailability of finance, coupled with high interest rates, is forcing customers to postpone purchases.

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Exports:-

The company's sales from exports at 3,561 vehicles in October 2008 declined by 16% compared to 4,230 vehicles in October 2007. The cumulative sales from exports for the fiscal at 25,601 nos. declined by 20% over 31,832 nos. in the same period last year.