Consistently breaking its own monthly records, Tata Motors has yet again retained its position as the country’s third largest automaker with a total sales tally of 47,654 units in September of this month. The company has revealed that it has posted a Year-On-Year growth of a staggering 85 percent from September of last year when it managed to dispatch a total of 25,730 units. Additionally, Tata Motors Limited reported its domestic and international sales for Q2FY23, which were 2,43,387 units, up from 1,71,270 units in Q2FY22.
Commenting on the announcement of its passenger vehicles sales tally, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. said, The PV industry witnessed strong demand during Q2FY23 fuelled by the festive season and new launches. Tata Motors scaled new highs in passenger vehicles with sales of 142,325 units during the quarter, recording a growth of ~70% versus Q2FY22. The company also attained its highest ever monthly sales of 47,654 in Sep’22, posting 85% growth versus Sep’21. Led by record-setting sales of Nexon and Punch, SUV sales contributed a rich ~66% of the quarterly PV sales.”
He further added, “In electric vehicles, the company once again posted record-breaking sales of 11,522 units in Q2FY23, registering a growth of 326% versus Q2 FY22. With the recent launch of the Tiago EV, the company has opened new vistas and is poised to drive the mass adoption of EVs across the country. Going forward, we expect the festive season will witness strong retails on the back of improving supply of vehicles.”
In terms of specifics, Tata Motors dispatched a total of 43,999 units of its internal combustion-engined passenger vehicles as opposed to the 24,652 units of last year, posting a Y-o-Y growth of 78 percent. Meanwhile, the Mumbai-based automaker also managed to sell a total of 3,655 units of its electric vehicles. In the same month last year, the company sold only 1,078 units. This boost in sales of electric vehicles has resulted in total Y-o-Y growth of an astonishing 239 percent.
Meanwhile in other Tata Motors news, in its forthcoming electric SUVs, the company intends to provide four-wheel drive technology. In a recent interview with a media outlet, Shailesh Chandra, managing director of passenger vehicles and electric vehicles at Tata Motors, stated, “Our focus will be to try and do that in the electric vehicles. We are going to work on this in the electric version of our future SUVs.” Models above the Nexon series are being considered by Tata Motors as potential candidates for the four-by-four (4X4) upgrade. The car manufacturer presently does not provide four-wheel drive trims for any of its cars, including the Nexon, Harrier, and Safari.
Currently, Tata Motors’ biggest SUV rival Mahindra & Mahindra offers 4X4 on a number of vehicles, including the XUV 700, Scorpio-N, Thar, and Alturas G4. Even Maruti Suzuki has added an all-wheel drive (AWD) version to the recently released Grand Vitara mid-sized SUV. However, wh en asked if Harrier and Safari, which only now have diesel engines, may be given a 4X4 upgrade, Chandra said that it was tough to justify the expense given the models’ continued, appallingly low sales in the home market.