Tata Motors has zoomed past Hyundai Motor India to become the second largest-selling carmaker in India in December 2021. The Indian auto giant’s domestic car sales stood at 35,300 units last month, while Hyundai sold 32,312 units during the same period.
The strong volumes are backed by a slew of popular-selling products for Tata Motors, which also helped the carmaker record its highest-ever monthly sales in December.
The company sold 99,002 units during Q3 FY2022, the highest-ever quarterly sales numbers in a decade. Lastly, Tata sold 3.31 lakh units in the 2021 calendar year, the highest-ever annual sales for the automaker.
Auto Giant Tata Motors clocks domestic car sales of 35,300 units in December 2021
The spike in sales comes despite production constraints and challenges amidst the semiconductor chip shortage. With respect to year-on-year growth, Tata Motor sales grew by 50 per cent in December 2021 when compared to 23,545 units sold in December 2020. Sales in Q3 FY2022 also increased by 44 per cent with respect to a year-on-year comparison.
Speaking about the strong sales figures, Shailesh Chandra, President, PVBU, Tata Motors said, “Tata Motors PV business growth journey continued and set several new milestones during the quarter despite witnessing a shortfall in production due to the ongoing semiconductor crisis. The overwhelming market response to Tata Punch launched in October 2021 is further boosting demand for the company’s “New Forever” range of cars and SUVs.”
Tata Motors Overtakes Hyundai Motor to become the 2nd largest car co in India
Tata’s electric vehicles also garnered a strong response as sales picked up for the Nexon while the company also introduce the Tigor EV last year.
The company sold 2,255 units in December 2021 and registered a whopping 439 per cent growth against 418 units sold in December 2020. The company sold a total of 5,592 EVs in Q3 FY22, as against 1,256 units in Q3 FY21, a hike of 345 per cent.
In the commercial vehicle segment, Tata Motors show signs of recovery as nearly all segments posted positive numbers. Domestic CV sales stood at 31,008 units in December 2021 witnessing a growth of 4 per cent while exports during the same period stood at 3,143, growth by 5 per cent. Domestic sales in Q3 FY22 stood at 90,529 units growing by 10 per cent, while exports during the quarter registered better numbers at 9,541 units witnessing a 33 per cent growth.
