Tata Motors registers total sales of 2,31,248 units in Q1 FY23

Tata Motors has revealed its sales figures for the month of June 2022. Domestic vehicle sales stood at 79,706 units in June 2022 as against 43,704 units in June 2021, up 82 per cent.

In the commercial vehicle category, Tata Motors saw a 69 per cent growth at 37,265 units sold in June 2022 compared to 22,100 units sold in the same period last year. The company also exported 2,856 units, marking an 14 per cent YoY increase.

Domestic passenger vehicle sales are up 87% year-on-year to 45,197 units in June 2022 when compared with 24,110 units sold in June 2021.

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd, said, “Demand for passenger vehicles continued to stay strong in Q1 FY23 even as the supply side remained moderately impacted due to the lockdown in China."

He added, "Our SUV portfolio contributed 68% of Q1FY23 sales. Electric vehicle sales attained new heights with quarterly sales of 9,283 in Q1 FY23 and highest-ever monthly sales of 3,507 units in June ’22."

Tata Motors Executive Director Girish Wagh said, "The growth in Q1 has been broad-based across regions and segments. On the back of increased activity in road construction, mining, and growth in agriculture and e-commerce. SCV demand from last-mile distribution has remained robust backed by continued consumer spending."