Tata’s hatchback and SUV cars have looted the market! Making waves in foreign countries too
Tata Motors Home Auto Gross sales: India’s main vehicle producer Tata Motors has launched the car gross sales figures in December 2023. The automaker has registered a progress of about 4 per cent with complete car gross sales of 76,138 items in December 2023, whereas the passenger car section has registered a progress of about 8 per cent with gross sales of 43,470 items. The particular factor is that Tata Motors has had report gross sales of hatchback and SUV vehicles throughout the month of December 2023, which helped in its complete car gross sales.
4 p.c enhance in car gross sales in home market
Based on media studies, the overall gross sales of home car producer Tata Motors within the home market elevated by 4 p.c to 76,138 items in December 2023. In the identical month a 12 months in the past, the corporate had offered 72,997 automobiles within the home market. In a press release issued by the corporate, it has been mentioned that its complete gross sales of passenger automobiles (PV), together with electrical automobiles, within the home market have been 43,470 items final month, which is greater than 9 p.c from the determine of 40,043 items for December 2022. Final month, the corporate offered a complete of 5,006 electrical passenger automobiles, which is 29 p.c greater than the determine of three,868 items in December 2022.
Report gross sales for the third consecutive 12 months
Calendar 12 months 2023 was the third consecutive 12 months for Tata Motors to register report gross sales figures. Throughout the 12 months 2023, the corporate offered a complete of 5.53 lakh automobiles. Shailesh Chandra, Managing Director, Tata Motors Passenger Autos Restricted and Tata Passenger Electric Mobility Restricted, mentioned that the corporate has recorded report gross sales in 2023 because of the efficiency of compact SUV and hatchback segments. Nonetheless, the hatchback section within the auto trade is declining. Tata Motors mentioned its complete business automobiles (CV) gross sales in December 2023 elevated by one per cent to 34,180 items as in comparison with 33,949 items in the identical interval a 12 months in the past.
8 p.c leap in passenger car gross sales
Tata Motors recorded 43,675 passenger automobiles in December 2023, which is greater than eight p.c in comparison with December 2022. The corporate offered 40,407 vehicles within the home market and abroad markets. The home vehicle large additionally claimed that electrical vehicles and CNG-powered automobiles have performed an vital function within the progress path of the model.
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Report gross sales of automobiles in October-December
Tata Motors mentioned that 1,38,455 vehicles have been offered within the third quarter of this monetary 12 months between October and December 2023. This is a rise of 5 p.c in comparison with 1,32,255 items offered throughout the identical interval of the final monetary 12 months. Tata Motors claims that it offered 43,470 items in India in December 2023, which is 9 p.c greater than the 40,043 items offered in the identical month a 12 months in the past. The carmaker offered 1,37,875 items of passenger automobiles within the home market final quarter, which is 5 p.c greater than the identical quarter final fiscal, when it offered 131,297 items.
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EV vehicles lead in gross sales
Tata Motors has been a pacesetter within the Indian electrical automotive market with fashions like Nexon EV, Tiago EV and Tigor EV. The home carmaker leads the Indian electrical passenger car section with round 80 p.c market share. The automaker offered 5,006 electrical vehicles in India and abroad markets in December 2023, up 29 p.c from 3,868 items offered in the identical month a 12 months in the past. However, 15,232 electrical vehicles have been offered in each home and abroad markets within the final quarter, which is 21 p.c greater than 12,596 items recorded in the identical quarter a 12 months in the past.
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