Tata Motors grows 163pc in passenger vehicles sales in Sept 2020.

Date: 01 Oct 2020

Tata Motors recorded a 163 per cent increase in total passenger vehicles sales in September 2020. The company sold 21199 units as compared to 8097 units in Sept 2019. The company also sold 924 electric vehicles in Q2 Fy21 and the Nexon EV too garnered record sales.

Category

Sept ‘20

Sept ‘19

% Change

Q2 FY21

Q2 FY20

% Change

Total PV

21,199

8,097

163%

54,794

25,898

112%

 

Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors Ltd. said, “PV industry witnessed recovery in Q2 FY21, supported by festive sales in some regions and continued benefit from pent-up demand across the country. In September 2020, wholesales were higher than retail ahead of the festive season. Despite challenges owing to rising Covid-19 cases across the country, supply-side has been progressively improving. Tata Motors PV business posted a wholesale of 54,794 units in Q2FY21, which is 112% growth as compared to Q2FY20. For September 2020, wholesale of 21,199 units was 163% higher than Sep 2019. This steep growth is attributed to increased demand for all our products in the “New Forever” range. The company also sold 924 EVs in Q2FY21, with an encouraging response received for Nexon EV.”

 

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