Nexon, Punch, Tiago and More Boost Tata Motors' Sales Growth by 2.5% in February

Tata Motors reported a 3% year-on-year increase in total wholesales to 79,705 units in February 2023. The company's total vehicle sales in the previous year were 77,733 units. Domestic vehicle sales increased by 6% last month to 78,006 units, up from 73,875 units in February 2022.

By Reetika Bhatt | on March 2, 2023 Follow us on Autox Google News

Tata Motors recently reported overall sales of 79,705 units in February 2023, representing a 2.5 per cent increase. In February 2022, the company sold 77,733 units. Last month, total domestic sales were 78,006 units, up from 73,875 units in the same period last year. Domestic passenger vehicle sales, including EVs, were 42,862 units in February 2023, up from 39,981 units in February 2022. Tata Motors' PV IB sales increased by 39 per cent year-on-year (YoY) to 278 units last month, up from 200 units in February 2022. In terms of Commercial Vehicles, domestic sales of MH & ICV, including trucks and buses, were 17,282 units in February 2023, up from 14,596 units in February 2022. With 3,632 sales last month, passenger carriers saw a 106 per cent increase in sales. Total CV domestic sales in February 2023 were 35,144 units, up from 33,894 units in the same period the previous year, representing a 4 per cent year-on-year (YoY) increase.

Also Read: Interview with Shailesh Chandra, President, PV Business, Tata Motors

The leading Indian automaker came in behind Maruti Suzuki and Hyundai in the overall manufacturers' sales chart for the month of February 2023. The Nexon, the best-selling SUV in the nation, continues to top the brand's sales charts. The Harrier EV and the Curvv ICE, which Tata Motors displayed at the 2023 Auto Expo in Greater Noida in January, are anticipated to go on sale as early as next year. The Sierra was displayed as well in a form that will likely be ready for production by 2025. Moreover, the Curvv will be the first vehicle to use the new 1.2-litre direct injection turbo petrol engine. The company is also working on an updated Nexon and a significantly revised Safari. Later this year, the CNG versions of the Punch and the Altroz will also debut.

Also Read: Tata Motors and Uber Sign MoU to Launch 25,000 Electric Cab Fleet in India

Meanwhile, Tata Motors recently opened its first Registered Vehicle Scrapping Facility in Jaipur, Rajasthan, called Re.Wi.Re-Recycle with Respect. Nitin Gadkari, Union Minister for Road Transport and Highways, officially inaugurated the facility, which has a 15,000-vehicle annual capacity. The Re.Wi.Re. facility is made to disassemble outdated commercial and passenger vehicles of all brands. The facility has dedicated stations for the safe dismantling of parts like tyres, batteries, fuel, oils, liquids, and gases and is fully digitalised for paperless operations. Each vehicle is carefully inspected for passenger and commercial vehicle requirements before going through a rigorous documentation and disassembly process. According to Tata Motors, it uses top-notch, environmentally friendly procedures to safely and sustainably disassemble end-of-life vehicles. To dispose of outdated passenger and commercial vehicles of all brands, Tata Motors' partner Ganganagar Vaahan Udyog Pvt. Ltd. developed and runs the facility.

Tags: Tata Motors Tata Nexon Tata Punch Tata Tiago February

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