Tata Motors has emerged as India's second-largest manufacturer of passenger vehicles for the month of December 2021 by overtaking Hyundai! 2021 has been a stellar year for Tata Motors and the OEM has achieved several benchmarks in the Calendar Year -
Tata Motors posted calendar year sales of 3,31,178 units (CY21), the highest ever since the inception of the PV Business!
Decade high quarterly sales of 99,002 units in Q3 FY22 (growth of 44% vs Q3 FY21).
Recorded a 10-year high monthly sales of 35,299 units in Dec’21 (growth of 50% vs Dec’20).
EV sales witnessed a new peak of 5,592 units in Q3 FY22 (growth of 345% vs Q3 FY21).
EV penetration touched 5.6% of PV Sales during the quarter versus 1.8% in the same period last financial year
EV sales also touched 10,000 units in 9MFY22 and crossed 2,000 monthly sales landmark for the first time in Dec’21 (2,255 units).
Tata Motors PV business has set several new milestones during the year despite witnessing a shortfall in production due to the ongoing semi-conductor crisis. The successful launch of Tata Punch in Oct’21 is further boosting demand for the company’s “New Forever” range of cars and SUVs.
Tata Motors recorded a YoY growth of 50 percent in December 2021 when compared to the same period last year. It was the only OEM in the Top 3 to record positive growth in volumes.
Maruti Suzuki, India's largest passenger vehicle manufacturer registered domestic volumes of 1,30,869 units and sales fell by 13 percent in Dec'21 vs Dec'20.
Hyundai slipped to the third spot and recorded the highest drop in volumes in Dec'21.