Tata motor group bucking the trend with global car sales

Tata motors has reported that its sales of vehicles in December around the world was 74,707. This was an increase of 84% from a year earlier. Sales of commercial vehicles were also well up on last year with figures 137% higher that December 2008.

Tata motors is India’s largest vehicle maker and the producer of the world’s cheapest car the Tata nano. It also owns Jaguar and Land Rover and sales on these vehicles are also reported to be up 33% on the previous year.

This is excellent news for an industry which has shown signs of very poor growth on new car sales over the previous 2 years. Portfolio Display has been tracking the sales of new cars quite closely over the last 2 years and we are now starting to see more and more positive reports, after what has been an extremely tough couple of years for motor dealers.

Lets hope that we can see this sort of increase in new car sales with other manufacturers across the globe over the next 12 months.