Tata Motors Passenger Vehicle recorded its highest ever monthly sales in January 2022 since inception. This record number puts the Indian company ahead of Hyundai Motors India to become the largest carmaker.
Tata Motors India sales have set a record with a total of 72,485 units in India last month, up from 57,649 units sold in January 2021. Tata Motors passenger vehicle segment witnessed a significant growth of 26% from last month and a 50% hike in sales from last year. The passenger vehicle segment added 40,777 units alone out of which, 28,108 units were SUVs only. The Nexon has been spearheading this segment, and with its EV alternative has been pretty successful for the Indian marquee.
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Speaking of EVs, both the Nexon EV and Tigor EV, witnessed a staggering 463% YoY growth with 2892 units, the highest ever. Last year in December, Tata sold 2,255 units of EVs in India. Aside from that, individual models witnessed their own records as well. Both the Tata Punch and Tata Nexon surpassed their 10,000 units of monthly sales. When it comes to Tatas debut CNG vehicles with the Tiago and Tigor, the company witnessed a 42% penetration in sales in their first month of launch. This also means consumers are accepting the new products which offer a great combination of savings, safety and performance.
Industrial production-wise, Tata Motors Pune plant also recorded the highest monthly production since March 2007. The Ranjangaon plant also witnessed its highest production ever. In the commercial vehicle department, Tata Motors sold 35,268 units of CVs, compared to 32,816 units in January 2021.
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Currently, there are seven-passenger vehicles on sale in India which include 4 SUVs Harrier, Nexon, Punch, and Safari; and three cars Tiago, Altroz, and the Tigor sedan. In the commercial vehicle segment, Tata Motors India sells a variety of light-weight, middle-weight, heavy-weight vehicles, including pick-up trucks. There are also private and school buses available, all-in-all, Tata Motors has quite an expansive line-up.
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