Tata Motors on Wednesday introduced that it registered a marginal gross sales development in April 2024. The homegrown vehicle large has bought 47,883 items of passenger automobiles within the Indian home market, recording simply two per cent retail development on a year-on-year foundation in comparison with 47,007 items bought in the identical month a yr in the past. These numbers embrace each typical inner combustion engine (ICE) powered fashions and electrical vehicles as properly.
The auto producer additional said that it bought a complete of 47,983 items of passenger automobiles final month, barely up from 47,107 items bought within the corresponding month a yr in the past. The quantity combines each ICE and EV fashions. This marked a two per cent gross sales development for the OEM. This quantity consists of each home and export figures. Tata Motors claims to have shipped 100 vehicles to abroad markets, which implies the auto firm’s passenger automobile export enterprise registered zero development because it shipped 100 vehicles to worldwide markets in April 2023 as properly.
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Curiously, regardless of having a lot of in style electrical vehicles on supply together with the Tiago EV, Tigor EV, Nexon EV and Punch EV, Tata Motors witnessed a gross sales stoop in electrical automotive gross sales in April this yr. The auto firm bought 6,364 items of electrical vehicles final month, down from 6,516 items bought in the identical month a yr in the past. This marked a marginal two per cent decline for the automaker’s electrical automotive gross sales. Curiously, this stoop got here at a time when Tata Motors already holds almost 80 per cent share of the Indian electrical automotive market and is aiming to seize a bigger chunk amid the rising demand for electrical automobiles within the nation.
First Revealed Date: 01 Might 2024, 13:57 PM IST