Tata Motors Reported A 6.4% Rise in Total Sales Over the Previous Year.

In January 2023, sales in the Medium & Heavy Commercial Vehicle segment increased by 24%, while sales in the Intermediate & Light CV segment decreased by -27%.

Tata Motors Limited, India's commercial vehicle market leader, reported selling 81,069 vehicles in the domestic and international markets in January 2023, up from 76,210 units in January 2022.

Tata Motors reported a 6.4% increase in total sales to 81,069 units in January 2023, up from 76,210 units in January 2022.

Let's take a look at Tata Commercial Vehicles' sales data

Domestic Sales:

| Category | January 2023 | January 2022 | Growth(Y-o-Y) ||--------------------------|-----------------|------------------|-------------------|| Total Domestic Sales | 79,681 | 72,485 | 10% |

Domestic MH&ICV sales in January 2023, including trucks and buses, were 79,681 units in January 2023, up from 72,485 units the previous month, representing a 10% increase.

Commercial Sales:

| Category | January 2023 | January 2022 | Growth (Y-o-Y) ||--------------------------|-----------------|------------------|-------------------|| M&HCV | 10,736 | 8,660 | 24% || I&LCV | 4,013 | 5,526 | -27% || Passenger Carriers | 2,851 | 1,693 | 68% || SCV cargo and pickup | 14,094 | 15,829 | -11% || Total CV Domestic | 31,694 | 31,708 | 0% || CV IB | 1,086 | 3,560 | -69% || Total CV | 32,780 | 35,268 | -7% |

In terms of commercial vehicles (CV), the company's total sales were 7% lower in January 2023, at 32,780 units, compared to 35,268 units in January 2022. Total domestic CV sales were slightly lower in January 2023, at 31,694 units, compared to 31,708 units in January 2022.

Domestic sales:

In January 2023, sales in the Medium & Heavy Commercial Vehicle segment increased by 24%, while sales in the Intermediate & Light CV segment decreased by -27%.

Sales in the Passenger Carriers segment increased by 68%. The segment of Small Commercial Vehicles and Pickups fell by -11%.

Export Sales:

The brand is experiencing a downward trend in the export sector, with a 69% decrease in sales.

Passenger Vehicles

| Category | January 2023 | January 2022 | Growth (Y-o-Y) ||---------------------------------------|-----------------|-----------------|--------------------|| Total PV Domestic (includes EV) | 47,987 | 40,777 | 18% || PV IB | 302 | 165 | 83% || EV (IB + Domestic) | 4,133 | 2,982 | 39% || EV (IB + Domestic) | 4,133 | 2,982 | 39% |

Passenger vehicle (PV) sales in the domestic market, including electric vehicles, were 47,987 units in January 2023, up 18% from 40,777 units in the same month last year.

About Tata Motors

Tata Motors strives to bring new products that tickle the interest of GenNext customers, aided by state-of-the-art design and R&D centres in India, the United Kingdom, the United States, Italy, and South Korea. With a focus on engineering and tech-enabled automotive solutions for the future of mobility, the company's innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the market's and customers' evolving aspirations.

The company is leading India's Electric Vehicle (EV) transition and driving the shift toward sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies, and taking an active role in policy development in collaboration with the government.