Tata Motors reported its sales figures for May 2024 at 76,766 units sold across domestic and international markets.
What Happened: The Tata Group company’s registered sales of 76,766 was a 2.3% rise from the 74,973 units sold in May 2023. According to a regulatory filing, the company’s total domestic sales also grew by 2%, amounting to 75,173 units last month, up from 73,448 units in May 2023. Total commercial vehicle sales increased by 2%, from 28,989 units in May 2023 to 29,691 units in May 2024.
| Commerical Vehicles | May 2024 | May 2023 | YoY (%) |
|---|---|---|---|
| HCV Trucks | 7,924 | 8,160 | -3% |
| ILMCV Trucks | 4,478 | 3,450 | 30% |
| Passenger Carriers | 4,737 | 3,874 | 22% |
| SCV cargo and pickup | 11,337 | 12,086 | -6% |
| CV Domestic | 28,476 | 27,570 | 3% |
| CV IB | 1,215 | 1,419 | -14% |
| Total CV | 29,691 | 28,989 | 2% |
In the domestic market, sales of passenger vehicles, including electric vehicles, saw a 2% rise, reaching 47,075 units compared to 45,984 units in the same period last year. EV sales went down around 4% to 5,558, compared to the 5,805 sold in May 2023.
| Passenger Vehicles | May 2024 | May 2023 | YoY (%) |
|---|---|---|---|
| Total PV Domestic (includes EV) | 46,697 | 45,878 | 2% |
| PV IB | 378 | 106 | 257% |
| Total PV (includes EV) | 47,075 | 45,984 | 2% |
| EV (IB + Domestic) | 5,558 | 5,805 | -4% |
Read Next: Tata Motors Demerger To Boost Global Commercial Vehicle Business, Says Girish Wagh
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
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