Mumbai-headquartered auto main Tata Motors has introduced its gross sales figures for June 2022 at 79,606 home, a 82 per cent progress YoY.
The firm offered 45,197 items within the passenger car section, a 87 per cent progress in comparison with 24,110 items offered in June 2021. For the business car section it offered 37,265 items together with exports, reflecting a 69 per cent enhance within the numbers as in comparison with June 2021. CV exports stood at 2,856 items in opposition to 22,100 in June final 12 months.
Girish Wagh, Executive Director, Tata Motors stated, “The M&HCV and I&LCV segments grew by 104% and 138%, respectively, over the same quarter (Q1) last year on the back of increased activity in road construction, mining, and growth in agriculture and e-commerce. SCV demand from last-mile distribution has remained robust backed by continued consumer spending. CV Passenger saw a strong recovery, with a 57% increase over Q4 FY22, due to the opening of schools and replacement of staff buses.”
It is fascinating to notice that the carmaker offered 3,507 items of electrical automobiles within the PV section in comparison with 658 items offered final 12 months. The OEM has had successful within the Indian electrical passenger car with the Nexon EV and Nexon EV Max – and has plans to take the lead within the CV section beginning with the Tata Ace EV.
Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility stated, “Electric vehicle sales attained new heights with quarterly sales of 9,283 in Q1 FY23 and highest-ever monthly sales of 3,507 units in June 2022. Nexon EV Max launched in May 2022, has witnessed strong demand. Going forward, we expect the supply side, including that of critical electronic components to progressively improve. We will continue to keep a close watch on the evolving demand and supply situation and take appropriate actions.”
Source: www.financialexpress.com”