India’s own Tata, biggest domestic casualty of the turmoil by far

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
Tweet

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

To continue reading this article, please register for a free sample without obligation...

Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter.

-4.7% India's December new car sales fall

-4.7%
India's December new car sales fall