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INDIA
Troubled Tata falls back to earth
India’s own Tata, biggest domestic casualty of the turmoil by far
Published: Tue, 18 February 2014 18:06:02 GMT
 

Tata Manza 2012 Geneva

A sign of the carnage on today’s gloom-struck Indian automotive scene, Tata’s passenger car sales on home turf have more than halved last year. 

Moreover, its December sales slumped more than 40 per cent.

Volkswagen too ended last year with some painful bloodletting. In a month that saw sales fall by 4.7 per cent, Volkswagen’s own sales plunged by a third, sending shivers down the spines of its increasingly anxious masters in Wolfsburg. 

But it wasn’t just gloom and despondency. 

-4.7%
India's December new car sales fall


Some carmakers clearly coped with these tough conditions better than others.

In pin-sharp contrast to Tata’s devastating turn in domestic car sales fortunes, some of its rivals coped significantly better with last year’s woeful trading conditions. 

None more so than market leading Maruti-Suzuki. 

Heavily reliant on its traditional best-sellers, the market dominating Alto and its Swift, Maruti-Suzuki closed out last year with a slight improvement in overall sales
...more 


MORE LIKE THIS:


EDITORIAL (FULL ARTICLE) | India - Is future promise worth the wait?  19 Feb 2014


India’s car sales just keep tumbling  12 Feb 2014


Russia’s previously speeding car sales locomotive stopped in its tracks  06 Feb 2014


DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

INDIA new CAR sales:

by manufacturer and marque 
DECEMBER 2013 v DECEMBER 2012
FULL YEAR 2013 v FULL YEAR 2012

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