Tata Motors overtakes Hyundai in PV sales in December 2021, also posted its record electric vehicle sales
Tata Motors has overtaken Hyundai Motor India to become the second-largest seller of passenger vehicles in the domestic market for the first time in close to a decade in December 2021.
Tata Motors dispatched about 35300 units in December 2021 against 32312 units despatched by South Korean carmaker Hyundai Motor India. During the quarter of October to December, Tata Motors despatched close to 99000 vehicles and ended 2021 with sales of 3.31 lakh units.
The company also earned the distinction of posting its highest-ever monthly sales in December 2021, highest ever quarterly sales in October to December of 2021 and the highest annual sales since its inception in 2021.
Tata Motors dispatched about 35300 units in December 2021 against 32312 units despatched by South Korean carmaker Hyundai Motor India. During the quarter of October to December, Tata Motors despatched close to 99000 vehicles and ended 2021 with sales of 3.31 lakh units.
“HMI has registered a healthy growth of 19.2 % in CY 2021 in the domestic market over last year’s sales performance. We will continue to drive customer delight with the introduction of smart mobility solutions pegged on the tenets of Intelligent Technology, Innovation and Sustainability,” added Garg.
Tata Motors also posted its record electric vehicle sales at 2255 units, taking the quarterly sales to a peak of 5,592 units; consequently, EV penetration touched 5.6% of PV Sales during the quarter versus 1.8% in the same period last financial year.
The company claimed EV sales also touched 10,000 units in 9MFY22 and crossed the 2,000 monthly sales landmark for the first time in Dec ’21.