Tata Motors has registered a massive year-on-year sales growth of 204% in the month of May 2022. The company’s sales in the domestic & international market for May 2022 stood at 76,210 vehicles. In the same month last year, Tata sold 26,661 vehicles (Commercial + Passenger).
Domestic Passenger Vehicles Sale
Tata Motors has sold 43,341 cars in the passenger vehicle segment in May 2022, registering a massive year-on-year sales growth of 185%. The company had delivered 15,181 PVs in the same month last year.
The company sold 39,887 ICE passenger vehicles in May 2022 as against 14,705 units in the same month last year. It records a year-on-year sales growth of 171%. The company’s electric vehicles sales stood at 3,454 units, recording a massive jump of 626%. In the same month last year, Tata Motors sold 476 EVs in the Indian market.
Tata Motors has also managed to improve its month-on-month sales by good 1754 units that’s a growth of 4 per cent. The brand’s EV sales have also been improved on monthly basis. The company has sold 3,454 EVs as against 2,322 EVs in April 2022.
Commercial Vehicles Sales
Tata Motors sold a total of 32,818 commercial vehicles in the month of May 2022 as against 11,401 CVs in the same month last year. The company recorded a massive Year-On-Year sales growth of 188%.
In the domestic market, Tata sold 31,414 commercial vehicles in May 2022 as against 9,371 units in the same month last year. The domestic CV sales reported a growth of 235%. However, the brand’s exports declined by 31%. Tata Motors exported 1,404 CVs in May 2022 as against 2,030 units in May 2021.