Tata Motors Overtakes Hyundai In December Car Sales, Becomes Second-Largest Carmaker

Tata Motors’ total domestic passenger vehicle sales increased by 50 per cent to 35,299 units from 23,545 unit off-take in December

New Delhi: Home-grown automobile major Tata Motors’ passenger vehicles vertical sold more units than Hyundai Motor India in December.

Besides passenger vehicles, Tata Motors has a major presence in the commercial vehicle segment.

Tata Motors’ total domestic passenger vehicle sales increased by 50 per cent to 35,299 units from 23,545 unit off-take in December 2020.

“Tata Motors passenger vehicle business growth journey continued and set several new milestones during the quarter despite witnessing a shortfall in production due to the ongoing semiconductor crisis,” said Shailesh Chandra, president, passenger vehicles business unit, Tata Motors.

Chandra said that the ever-increasing demand for the Nexon EV and Tigor EV as well as progressive revival of the EV fleet segment were instrumental in driving this steep growth.
“Going forward, semiconductor supplies will remain the key source of uncertainty. Additionally, the impact of the new strain of Covid needs to be closely tracked. We will continue to work on a business agility plan and take proactive action to mitigate these risks,” Chandra said.

Tata Motors has reported a rise of 24 per cent in its domestic sales in December 2021 on a year-on-year basis. 

The domestic sales rose to 66,307 units during the month under review from 53,430 units sold during December 2020.

The company’s total commercial vehicle sales rose to 31,008 units in December 2021 from 29,885 units sold during the corresponding month of the previous year. Total passenger vehicle sales rose by 50 per cent to 35,299 units from 23,545 unit off-take in December 2020.
In comparison, Hyundai Motor India’s domestic sales declined by 31.8 per cent to 32,312 units from 47,400 units reported for the corresponding period of the last year.

“Despite key component supply constraints, Hyundai has managed challenges to ensure smooth deliveries of their favourite Hyundai cars to our beloved customers,” said Tarun Garg, director (sales, marketing and service), Hyundai Motor India.
The company’s cumulative sales fell to 48,933 units last month from 66,750 units sold during December 2020.