Tata Motors Sales Analysis for June 2021 - Nexon EV posted its highest ever monthly sales!
Nexon EV posted its highest-ever monthly sales of 650 units in June 2021. It continued as India’s Best Selling Electric car for the month with a market share of over 70 percent.
Tata Motors recorded sales of 24,110 units in June 2021, posting strong 3-digit growth of 111 percent versus June’20 and grew 59 percent versus May 2021.
Mr. Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors Ltd. said, “The PV industry’s sequential growth momentum got adversely impacted in Q1FY22, owing to restrictions imposed across the country to break-the-chain of Covid transmission even though the industry is likely to record strong growth numbers off a low base on a year on year basis. Tata Motors PV's business posted a sale of 64,386 units in Q1FY22, registering a growth of 342% versus Q1FY21. For June’21, sales stood at 24,110 units, posting strong 3-digit growth of 111% versus June’20. In the EV segment, despite witnessing difficult business conditions, the company posted the highest ever quarterly sales of 1,715 units. This was on the back of increasing demand for Nexon EV, which posted its highest-ever monthly sales of 650 units in June ’21. The PV industry continues to witness uncertainty on account of global semi-conductor shortage and rising commodity prices, while the demand side is on a progressive recovery path. We continue to see strong customer interest in our product offerings, resulting in a strong order book and we aim to fulfill those to the best of our abilities in this supply-constrained environment.”
Nexon emerged as the best-selling within the brand’s domestic portfolio as 8,033 units were sold. Since the launch of the Nexon facelift in early 2020, the volume of the Nexon continued to increase substantially and has been consistent all along in the Sub-4m Compact SUV space. It also emerged as the second best-selling Compact SUV for June 2021 and outsold the likes of Venue, Sonet & Ecosport.
Nexon EV shipments were 650 units in June 2021 and it was the lifetime best monthly sales for the model. Nexon EV contributed to 8.1% of overall Nexon's sales in June 2021.
The Altroz premium hatch made its debut the early last year, and it has become a strong contender against Maruti Suzuki Baleno and Hyundai i20. The model is able to place itself as the second bestseller in Tata's lineup quite consistently. Around 6,350 units were dispatched in June 2021 and the model recorded 105 percent YoY growth and 119 percent MoM growth.
Tiago was one of the most important models in Tata Motors portfolio which helped the OEM make a successful comeback in the Indian market. It posted 4,881 unit sales in the month of June 2021 and stood third on the list.
Harrier and Safari combined sold 3,771 units in June 2021. The Harrier/Safari combo now have been consistently outselling Hector and Hector Plus twins. It achieved combined volumes of 3,771 units against Hector twins sales of 3,002 units in June 2021.
Safari dispatches stood at 1,730 units and the model ranked fifth in Tata's lineup.
Tigor ranked last with shipments of 1,076 units in June 2021.