Tata Motors Sells 24,552 Units In May 2021!
The domestic and export figures combined, stand at 26,661 units.
Tata Motors, the homegrown auto major reported reassuring sales figures in May 2021. The domestic sales figures stood at 24,552 units during the period, while the CV export figures were a good 2030 units.
Tata Motors witnessed strong traction in the passenger vehicles (PV) segment, recording sales of 691 units. This is a good 26% more than the 550 units mark of April 2021. The commercial vehicles also recorded decent figures. I& LCV segment recorded sales of 964 units, while Tata Motors could sell 2,583 units of M&HCVs. The SCV Cargo and pickup segment witnessed sales of 5,133 units. The commercial vehicle segment witnessed an overall decline in domestic sales, compared to April 2021.
Tata Motors could sell a total of 15,181 passenger vehicles during the period. It continues to rank third in terms of sales among the passenger vehicle manufacturers, preceded just by Maruti Suzuki and Hyundai, with a market share of 14.7%. However, in April 2021, Tata Motors had sold 25,095 units, essentially hinting at a 40% decline in sales this time.
The current domestic lineup of Tata cars includes the Tiago, Tigor, Nexon, Altroz, Harrier, Safari and Nexon EV. The most recent launch from the carmaker was the all-new Safari which was launched earlier this year. The three-row SUV is in great demand in the country. The upcoming Hyundai Alcazar is expected to pose serious competition to this SUV. Tata Motors is expected to further beef up the game with the HBX based SUV lined up for launch later this year.