Tata Motors Limited reported a total sales volume of 76,766 units for May 2024, a 2% year-over-year increase from the 74,973 units sold in May 2023. This growth was driven by robust performance in both domestic and international markets.
Commercial Vehicles (CV):
HCV Trucks: Sales decreased by 3% to 7,924 units.
ILMCV Trucks: Notably surged by 30%, reaching 4,478 units.
Passenger Carriers: Increased by 22% to 4,737 units.
SCV Cargo and Pickup: Declined by 6%, totaling 11,337 units.
CV Domestic Sales: Grew by 3% to 28,476 units.
CV International Business (IB): Fell by 14% to 1,215 units.
Overall, total CV sales stood at 29,691 units, marking a 2% increase from 28,989 units in May 2023. MH&ICV sales, including trucks and buses, reached 12,987 units domestically and 13,532 units globally.
Passenger Vehicles (PV):
Domestic Sales (including EVs): Rose by 2% to 46,697 units.
International Sales: Soared by 257% to 378 units.
Total PV Sales: Increased by 2% to 47,075 units.
EV Sales: Declined by 4%, with 5,558 units sold.