Tata Motors has recorded highest ever passenger vehicle (PV) sales in January 2022 as its new launched across segments continued to gain strong traction in the domestic market.

Tata Motors has been on a growth trajectory this financial year riding the back of its new launches. In December 2021, the Indian carmaker outperformed Hyundai Motor India to become the second bestselling carmaker in the country and now it has recorded its highest ever passenger vehicle (PV) sales in January 2022. Tata Motors sold 40,777 units which marks a growth of 51 per cent when compared to 26,978 units sold in the same month a year ago. The carmaker recorded a growth of 43 per cent for petrol and diesel powered vehicles selling 37,885 units as compared to 26,464 units sold in the same month last year. In the electric vehicle (EV) business, it witnessed a whopping growth of 463 per cent selling 2,892 units as compared to just 514 units sold a year ago. [1]

Figure 1. Car Sales January 2022: Record Sales and Production Mark Bumper January for Tata Motors

Figure 1 shows The Tata Nexon EV has been the bestselling EV in India.

The Tata Nexon EV that is been the bestselling EV in India since launch has catapult the Indian carmaker’s development within the EV section and the corporate has bought over 13,500 items of the Nexon EV to this point. SUVs have been the expansion driver for the home-grown carmaker promoting 28,108 items which once more is its highest ever SUV gross sales. The Tata Punch and Nexon have been the perfect performing fashions in its vary crossing 10,000 items month-to-month gross sales. The firm even bought over 3000 CNG vehicles in January 2022 and witnessed 42 per cent penetration within the Tiago and Tigor’s general gross sales. [2]

Tata Motors has witnessed 42 per cent penetration in CNG sales. The company sold 35,300 units in December 2021 recording a growth of 50 per cent and 99,002 units during Q3 FY2022, the highest-ever quarterly sales numbers in a decade. Its sales have further gone up as month-on-month (MoM) sales growth in January 2022 stood at 15.15 per cent. In fact, the sales growth has led to an increase in its production capacity utilisation as well as its Pune manufacturing unit recorded highest ever production since March 2007 and the Ranjangaon plant has recorded highest monthly production ever. [3]

Tata Motors also reported a 7 per cent growth in sales at 35,268 units in its commercial vehicle (CV) business as against 32,816 units sold in the same month a year ago. Its domestic sales saw a growth of 3 per cent, selling at 31,708 units as compared to 30,671 units sold a year ago. Its CV exports grew by 66 per cent to 3,560 units as compared to 2,145 units sold a year ago.

References:

1. https://www.carandbike.com/news/car-sales-january-2022-record-sales-and-production-mark-bumper-january-for-tata-motors-2741749
2. https://www.pehalnews.in/car-sales-january-2022-record-sales-and-production-mark-bumper-january-for-tata-motors/1597466/
3. https://apdirect.in/car-sales-january-2022-record-sales-and-production-mark-bumper-january-for-tata-motors-115836.html
4. https://news.bharattimes.co.in/car-sales-january-2022-record-sales-and-production-mark-bumper-january-for-tata-motors/

Cite this article:

Thanusri swetha J (2022), Car Sales January 2022: Record Sales and Production Mark Bumper January for Tata Motors, pp. 111