In the first quarter of FY22, Tata Motors sold 1,07,786 units in India.

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INTRODUCTION

Tata Motors Limited today reported its domestic and foreign sales for the first quarter of FY22, which total of 1,14,784 cars, up from 24,978 units in the first quarter of FY21.

Highlights

  • commercial vehicle sales in Q1 FY22 total 43,400 units
  • international business expanded by 460 percent over Q1 FY21 and 24 percent over Q1 FY20.
  • micro confinement zones, sales in Q1 FY22 were 4.7 times those in Q1 FY21

Tata Motors Domestic Sales Performance:

Juneβ€˜21 Juneβ€˜20 percent Q1 FY22 Q1 FY21 percent change Total Domestic Sales Changed By 125 Percentage 43,704 19,387 1,07,786 23,773 353 percent 1,07,786 23,773 353 percent Commercial Vehicles – Domestic Vehicles.

β€œTata Motors’ domestic commercial vehicle sales in Q1 FY22 total 43,400 units, down 56% from the previous quarter (Q4 FY21), as the momentum of strong sequential demand recovery seen in H2-FY21 was broken by the spike in COVID 2 nd wave.

This year, thanks to decentralised limitations and a concentration on micro confinement zones, sales in Q1 FY22 were 4.7 times those in Q1 FY21, when the country was under total lockdown.

We adjusted our output to the updated retail visibility since demand across all categories was affected.

The trucker and tipper mood indexes plummeted, with only the level recorded during last year’s total shutdown to compare to.

However, when limitations are eased and progress is made, Q1 FY22, international business expanded by 460 percent over Q1 FY21 and 24 percent over Q1 FY20, extending the recovery trend.

We will continue to keep a close eye on the situation and adapt our business agility strategies as the situation changes.”” stated Mr. Girish Wagh, ED & President, Commercial Vehicles Business Unit, Tata Motors Ltd.

Tata Motors Domestic – Commercial Vehicles:

β€œTata Motors’ Commercial Vehicle domestic sale in Q1 FY22 was 56 percent lower than the previous quarter (Q4 FY21), as the momentum of strong sequential demand recovery, evident in the H2-FY21, was disrupted by the surge in COVID 2nd wave,” said Mr. Girish Wagh, ED & President, Commercial Vehicles Business Unit,

Tata Motors Ltd. This year, thanks to decentralised limitations and a concentration on micro confinement zones, sales in Q1 FY22 were 4.7 times those in Q1 FY21, when the country was under total lockdown.

We adjusted our output to the updated retail visibility since demand across all categories was affected.

The sentiment indices for truckers and tippers also fell sharply, with only the trucker and tipper sentiment indexes being similar.Last year, during total lockdown, the level was at this level.

However, when limitations are eased and the store gradually reopens in the last two weeks of June, we are seeing an increase in inquiries and sales.

In Q1 FY22, international business expanded by 460 percent over Q1 FY21 and 24 percent over Q1 FY20, extending the recovery trend. We will continue to keep a close eye on the situation and adapt our business agility strategies as the situation changes.”

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