For the first time in decades, domestic automaker Tata Motors has overtaken South Korean Hyundai to become the second largest selling car brand in India. Maruti Suzuki remains the top car maker in the country.
Domestic sales increased to 66,307 units during the month under review from 53,430 units sold during December 2020.
The company’s total commercial vehicle sales increased to 31,008 units in December 2021 as against 29,885 units sold during the same month last year. Total passenger vehicle sales grew 50 per cent to 35,299 units from 23,545 units off-take in December 2020.
Read also: SUVs coming to India in 2022: Hyundai Creta facelift, Mahindra Scorpio and more
Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors, said, “Tata Motors PV business continued its growth journey and set several new milestones during the quarter despite the reduction in production due to the current semi-conductor crisis.”
“The overwhelming market response to the Tata Punch launched on October 21 is further fueling the demand for the company’s ‘New Forever’ range of cars and SUVs,” he added.
Chandra also said that the progressive revival of the EV fleet segment along with the ever-increasing demand for Nexon EV and Tigor EV were instrumental in driving this sharp growth.
“Going forward, semiconductor supply will continue to be a major source of uncertainty. Additionally, the impact of the new strain of COVID needs to be closely monitored. We will continue to work on a business agility plan and proactive measures to mitigate these risks. Will take action,” said Chandra.
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