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Tata Motors Sales Hike 505% To 66,609 Units In March 2021

International business grew by 19% over Q3 FY21 and 25% over Q4 FY20.

Photo Credit :

1583487614_tKNadQ_2020_03_06T092056Z_1_LYNXMPEG250P1_RTROPTP_4_TATA_MOTORS_ANTITRUST.JPG

Tata Motors Limited today announced its sales in the domestic & international market, for Q4 FY21, which stood at 191,720 vehicles, compared to 101,420 units during Q4 FY20. 

Domestic Sales Performance:

Category

Mar‘21

Mar‘20

% Change

Q4 FY21

Q4 FY20

% Change

FY21

FY20

% Change

Total Domestic Sales

66,609

11,012

505%

182,824

94,256

94%

464,515

442,051

5%


 Domestic - Commercial Vehicles:

Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Commercial Vehicle domestic sale in Q4 FY21 at 98,966 units was 20% higher than the previous quarter, continuing its sequential growth. It was also higher by 59% over Q4 FY20. M&HCVs and ILCVs continued to lead the recovery growing by 48% and 34% respectively over the previous quarter on back of improved consumer sentiments, firming freight rates and higher infrastructure demand including road construction and mining.  International business grew by 19% over Q3 FY21 and 25% over Q4 FY20, as the key markets started returning to normalcy. We continue to monitor and work on the supply chain to improve availability, especially of electronic components. We are also reviewing our business continuity plans in view of the rising cases of COVID-19 in the country.”

   Category

Mar‘21

Mar‘20

% Change

Q4 FY21

Q4 FY20

% Change

FY21

FY20

% Change

M&HCV

11,030

1,601

589%

28,217

15,254

85%

58,580

75,485

-22%

I & LCV

6,792

1,033

558%

17,371

8,216

111%

38,058

41,949

-9%

Passenger Carriers

1,880

1,637

15%

4,134

8,645

-52%

8,599

37,698

-77%

SCV cargo and pickup

17,253

1,065

1520%

49,245

30,141

63%

137,253

155,723

-12%

Total Domestic

36,955

5,336

593%

98,967

62,256

59%

242,490

310,855

-22%

CV Exports

3,654

1,787

104%

8,517

6,813

25%

20,283

29,845

-32%

Total CV

40,609

7,123

470%

107,484

69,069

56%

262,773

340,700

-23%


Total MHCVs sale in Q4 FY21 including M&HCV Truck, Buses and International Business stood at 32,419 units compared to 21,295 units in Q4-FY20.

Domestic - Passenger Vehicles:

Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors Ltd. said, “The PV industry witnessed a strong growth in Q4FY21 on a low base with robust demand for personal mobility and new launches driving demand. Tata Motors PV Business posted its highest ever sales in 9-years, in March 21 and Q4 FY21. In FY21 the business registered its highest ever annual sales in 8 years, while posting a growth of 69% versus FY20. The company’s “New Forever” product range, including the new Tata Safari, continues to witness strong acceptance in the market. In the EV segment, the company sold 4,219 units in FY21, a threefold increase over FY20. The company also registered its highest ever monthly and quarterly sales of 705 EVs and 1,711 EVs in March 21 and Q4 FY21. Nexon EV, the highest sold EV in the country, crossed the milestone of 4,000 units, since its launch in January 2020.”

Category

Mar‘21

Mar‘20

% Change

Q4 FY21

Q4 FY20

% Change

FY21

FY20

% Change

Total PV

29,654

5,676

422%

83,857

32,000

162%

222,025

131,196

69%



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