Tata Motors June Month Sales increase by 1 percent

Tata Motors June Month Sales shows 1 percent growth compare to last year june month. Tata Motors sold 80,383 units in june 2023 which is 1 percent higher then 79,606 units in June 2022.

Tata Motors Limited sales in the domestic & international market for Q1 FY 2023-24 stood at 2,26,245 vehicles, compared to 2,31,248 units during Q1 FY 2022-23. Domestic sale of MH&ICV in June 2023, including trucks and buses, stood at 13,980 units compared to 13,366 units in June 2022; while in Q1 FY24 it stood at 34,256 units, compared to 37,491 units in Q1 FY23.

Total sales for MH&ICV Domestic & International Business in June 2023, including trucks and buses, stood at 14,323 units compared to 14,362 units in June 2022; while in Q1 FY24 it stood at 35,645 units, compared to 39,696 units in Q1 FY23.

Mr. Girish Wagh, Executive Director, Tata Motors Ltd. said, “We successfully upgraded the entire vehicle portfolio during BS6 Phase 2 transition, beyond the mandatory requirements, to offer more features, value-adds and benefits to customers. M&HCV growth was driven by the strong infrastructure push by the Government, as well as increased activity in e-commerce, construction, and replacement demand in auto logistics and petroleum sector. During the quarter, we started deliveries of Electric Buses, in accordance with the CESL tender mandate and expect to ramp up supplies in the coming months. Looking ahead, the promising monsoon and continuing infrastructure thrust by the Government auger well for the CV industry, even as it faces the headwinds of high interest rates, fuel prices and inflation.”

Source: Press Release