The Indian carmaker Tata Motors is among the top players in the country’s automotive market. This was not always the case, but now with regular updates and hearing the customer requirements. Tata motors are now among the top 3 players in the market. In addition, the company is doing rather well when it comes to sales car sales. So, with another month passed in 2022, it’s time for the car sales report.
Tata Motors October Car Sales
The total sales of the company, which includes domestic and international sales in October 2022, were 78,335 units. Hence the company has recorded a significant growth of 15.49% as last year in October, the company sold 67,829 units.
The domestic vehicle sales in the country include commercial vehicles and also passenger cars. In the Indian market alone, the company sold a total of 76,537 units versus 65,151 units in October 2021, registering a growth of more than 17%.
Diving a little deeper, domestic passenger car sales registered a considerable increase of 33% compared to last month. The company sold 32,912 units in October 2021, which increased to 45,423 units in October 2022.
Although there was an increase in passenger car sales, commercial vehicle sales witnessed a dip of 2% when compared to October 2021.
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The First Time Record | Electric Vehicle Sales
Tata Motors is the market leader when it comes to electric vehicles. Hence, the EV sales for passengers increased by 158% for the company to 4,277 units in October 2022 from 1660 units in October 2021.
Well, the company has various electric vehicles in the Indian market. These include Tata Nexon EV (EV MAX), Tata Tigor EV, and Tata Tiago EV. In addition, we expect the company to introduce more such electric vehicles in the future. Which will aid in the increase in the market share of the company in the electric vehicle segment.
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That was a detailed sales figure of Tata Motors for the month of October 2022. let us know in the comment section below what you think of Tata Motors, can the company have a significant share in the market in internal combustion passenger vehicles?
