Tata Motors has seen significant growth in sales across all segments of passenger and commercial vehicles
Tata Motors has revealed its sales figures for August 2021. Total sales have seen significant growth across all segments and domestic and export markets, which stood at 57,995 units in August 2021 as against 36,505 units sold in August 2020. The company still has to do. Struggling with a shortage of semiconductors, which has affected smooth production to some extent and caused long waiting periods for most models in its company lineup.
Total domestic sales stood at 54,190 units in August 2021, up 53 per cent from 35,420 units sold in August 2020. The sales figures also show a 4 per cent growth in MoM sales from 51,981 units in July 2021.
total passenger vehicle sales
Tata Motors’ total passenger vehicle sales in August 2021 stood at 28,018 units, up 51 percent from 18,583 units sold in August 2020. However, MoM sales declined by 7 per cent as compared to 30,185 units sold in July 2021.
The company’s ICE vehicles registered a MoM decline in sales at 29,996 units in August 2021 as compared to 29,581 units sold in July 2021, a 48 percent YoY sales growth as compared to 18,277 units sold in August 2020 Hui. The best sellers include Nexon, Altroz and Tiago, while Harrier and Safari dominated their respective segments.
However, the company has significantly increased the demand for its electric model with 1,022 units sold last month, which is 234 per cent higher as compared to 306 units sold in August 2020. The company retails the Nexon EV, while the new Tigor EV recently entered the market with a price tag of Rs 11,99,000. .
Shailesh Chandra, President, Passenger Vehicle Business Unit, Tata Motors said, “Demand has picked up in three-four months. Bookings for the Nexon EV have grown by 8x as compared to the time of launch and 3-4x as compared to the bookings from a few months back.
Commercial vehicle sales increased year on year
Commercial vehicle sales in the domestic markets grew by 66 per cent to 29,781 units in August 2021, up from 17,887 units sold in August 2020. Sales growth was also recorded on MoM basis, 25 per cent more than the 23,848 units sold in July 2021.
All segments of commercial vehicles saw an increase in sales. In M&HCV segment, sales grew by 113 per cent to 5,840 units, while in I&LCV segment, sales increased by 131 per cent to 4,627 units in the previous month from 2,001 units sold in August 2020.
Passenger carrier sales were up 18 per cent year-on-year from 720 units sold in August 2020 to 850 units sold in August 2021, while SCV cargo and pick-up sales grew 31 per cent from 11,370 units sold in August 2020 to 14,855 units last month. Sale took place.
Commercial vehicle exports, on the other hand, grew by 243 per cent from 1,052 units shipped in August 2020 to 3,609 units exported in August 2021. This was also an increase of 76 per cent MoM from 2,052 units exported in July 2021.