Car Sales June 2021: Tata Motors Sells 24,110 Passenger Vehicles Units In India

Tata Motors registered a strong 111 per cent sales growth in June 2021 selling 24,110 units in as compared to 11,419 units which were sold in the same month last year. Now the robust uptick is primarily attributed to sales picking up owing to the pent up demand after the second wave of COVID crisis in the month of May and also because sales in June last year were more subdued comparatively leading to a low base, as market was still dwindling from the aftershock of the nationwide lockdown. That said, Tata Motors a marginal decline of 1.8 per cent on month-on-month basis as the company sold 24,552 units in the previous month. Now coming to quarterly sales, the company sold 64,386 units in the April-June FY2022 period as compared to 14,571 units sold in Q1 FY2021, thereby recording a whopping growth of 342 per cent.

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Shailesh Chandra, President- Passenger Vehicles Business Unit - Tata Motors.

Shailesh Chandra, President- Passenger Vehicles Business Unit- Tata Motors said, "The PV industry's sequential growth momentum got adversely impacted in Q1FY22, owing to restrictions imposed across the country to break-the-chain of Covid transmission even though the industry is likely to record strong growth numbers off a low base on a year on year basis. Tata Motors PV business posted a sale of 64,386 units in Q1FY22, registering a growth of 342 per cent versus Q1FY21. For June'21, sales stood at 24,110 units, posting a strong 3-digit growth of 111% versus June'20. In EV segment, despite witnessing difficult business conditions, the company posted the highest ever quarterly sales of 1,715 units. This was on the back of increasing demand for Nexon EV, which posted its highest ever monthly sales of 650 units in June '21. The PV industry continues to witness uncertainty on account of global semi-conductor shortage and rising commodity prices, while the demand side is on a progressive recovery path. We continue to see strong customer interest in our product offerings, resulting in a strong order book and we aim to fulfil those to the best of our abilities in this supply constrained environment."

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Tata Motors recorded a robust uptick in CV sales as well.

In the commercial vehicle (CV) business, Tata Motors sold 19,594 units in the domestic market in June 2021 as compared to 7968 units sold in the same month a year ago, recording a growth of 146 per cent. Its exports also went up by 193 per cent at 2,506 units as against 856 units exported a year ago. In Q1 FY2022 it sold 43,400 units in the domestic market as compared to 9,202 units in the corresponding quarter a year ago, an uptick of 372 per cent. Exports too went up by 460 per cent at 6,745 units as compared to 1,205 units exported in the same period a year ago.