January 29, 2023

Tata Motors Sold 42,295 Cars In March 2022 With 43% Growth

Pic Supply: Saurabh Singhal

Tata posted 42,295 items within the month of March 2022 as in opposition to 29,655 items throughout the identical interval in 2021 with 43 per cent YoY progress

Tata Motors continued to complete third within the general producers’ gross sales standings within the month of March 2022 as 42,295 items had been offered in opposition to 29,655 items throughout the identical interval in 2021 with a YoY gross sales improve of 43 per cent. In comparison with the earlier month of February 2022 with 39,980 items, the model endured a YoY quantity progress of 6 per cent.

The homegrown producer beat Mahindra, Kia, Toyota, Renault, Honda, Skoda, MG and others and continued to shut the hole to the second-placed Hyundai as solely 2,305 items had been between them. Tata held on to a market share of 13.2 per cent final month. The automotive business as a complete endured a near-flat YoY progress in comparison with March 2021 whereas a 6 per cent MoM progress was registered.

The model persistently outgrows the business with good reception for its merchandise akin to Nexon, Altroz, Punch and Tiago. The Punch micro SUV made its market debut final 12 months and it has been properly obtained amongst clients and is at the moment one of many top-sellers alongside its larger sibling, the Nexon compact SUV.

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In 2021, Tata additionally launched the up to date Tigor EV whereas the Nexon EV is at the moment the best-selling passenger automobile within the nation. The long-range model of the electrical SUV with greater than 400 km claimed drive vary and a bigger battery again is predicted to go on sale within the coming weeks. The corporate can be engaged on a midsize SUV coupe based mostly on the Nexon.

It is going to compete in opposition to Hyundai Creta, Kia Seltos, VW Taigun, Skoda Kushaq, MG Astor and Nissan Kicks upon arrival in its ICE avatar. Nevertheless, the electrical model of the midsize SUV coupe will probably be launched someday subsequent 12 months earlier than the debut of the petrol and diesel variations. Tata is at the moment creating three EV platforms together with a devoted skateboard.

A couple of months in the past, Tata introduced a brand new subsidiary referred to as TPEML (Tata Passenger Electrical Mobility Restricted) with a hefty funding and it’ll probably give rise to a complete of ten electrical autos over the following half a decade together with the reported Sierra EV.

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