The Tata Motors Group has reported a 4% year-on-year fall in global wholesales in September, driven by a 17% fall in Tata passenger vehicles and a 4% decline in Jaguar Land Rover (JLR) sales.
Wholesales in the latest month, including Jaguar Land Rover, totalled 103,656, down by 4.5% over the total of 108,570 reported in September 2011 (including Fiat models). However, despite the September decline, cumulative wholesales in the fiscal year to date (April-September 2012) were 579,037, higher by 8%, compared to the corresponding period in the previous fiscal year. The reported total in the April-September 2011 period was 546,645, but this included the Fiat registrations included in an offtake agreement with the Italian OEM. Tata ceased reporting Fiat registrations from May 2012.
Global wholesales of all commercial vehicles – Tata, Tata Daewoo and the Tata Hispano Carrocera range – were 54,761 in September 2012, up 3.3% versus the September 2011 total of 53,034. Cumulative wholesales in the fiscal year to date were 283,546, versus 278,507 in the previous year, a gain of 1.8%.
Global wholesales of all passenger vehicles were at 48,895 in September 2012, down by 11% year-on-year. Cumulative wholesales totalled 295,491, higher by 14%.
Global wholesales of Tata passenger vehicles in September totalled 22,434, lower by 17%, over September 2011. Cumulative wholesales for the April-September 2012 period were 134,597, an increase of 4%.
In contrast to previous months, global JLR wholesales in September 2012 declined by 4.3% year-on-year to 26,461 vehicles (September 2011; 27,639), reflecting the impact of model year change over timings. Jaguar wholesales for the month were 2,808 vehicles (5,525; -49.2%) and cumulative wholesales were 21,606 vehicles (24,649; -12.3%), while Land Rover wholesales in September 2012 were 23,653 vehicles (22,114; +7.0%) and cumulative wholesales were 139,288 vehicles (105,441; +32.1%). Cumulative wholesales of Jaguar Land Rover models in the latest fiscal year to date period were 160,894, versus 130,090 in the previous year, higher by 30,804 units, or 23.7%.
