Tata Motors, the maker of Nexon SUV, has overtaken Hyundai Motor India to become the second-largest seller of passenger vehicles in the domestic market for the first time in close to a decade.
Whereas Maruti Suzuki remains the top carmaker in the country.
Tata Motors vs Hyundai sales
Tata Motors dispatched about 35300 units in December 2021 against 32312 units despatched by South Korean carmaker Hyundai Motor India.
During the quarter of October to December, Tata Motors despatched close to 99,000 vehicles.
And in entire 2021 it has sold 3.31 lakh units.
Self Comparison
Tata Motors’ total domestic passenger vehicle sales rose by 50 per cent to 35,299 units from 23,545 unit off-take in December 2020.
Hyundai Motor India’s domestic sales declined by 31.8 per cent to 32,312 units from 47,400 units reported for the corresponding period of the last year.
Electric Vehicle Segment
Tata’s electric vehicles also garnered a strong response.The company sold 2,255 units in December 2021 and registered a whopping growth of 439% 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 again which is a hike of 345 per cent.
Commercial Vehicle Segment
Domestic Commercial Vehicle 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.
Comment from Shailesh Chandra
Shailesh Chandra is the President of Passenger Vehicles Business Unit in Tata Motors.
He said, ‘ Tata Motors growth journey was continuous and set several new milestones during the quarter despite witnessing a shortfall in production due to the ongoing semiconductor crisis.
semiconductor supplies will remain the key source of uncertainty.
Additionally, the impact of the new strain of COVID-19 needs to be closely tracked. We will continue to work on a business agility plan and take proactive action to mitigate these risks.’
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