Tata Motors’ sales decreased by 3% in November

Domestic MH&ICV sales in November 2022, including trucks and buses, were 11,896 units, up from 10,213 units in November 2021.

From April to November 2022, Tata Motors sold a total of 363,704 units, a 71% YoY increase which results in an average monthly sale of 45,463 units. If we talk about last year, a total of 212,022 units were sold. Furthermore, in the first eight months of the current fiscal year, this total is already 97% of the company's best-ever sales of 373,138 units in FY2022. It is currently 9,434 units short of that total, which will be reached in the first week of December.

Tata Motors, India's commercial vehicle market leader, reported a wholesale of 27,430 units in the domestic market, a 3% decrease from November 2021. While medium and heavy commercial vehicles (M&HCVs) trucks continue to see a higher increase in the month. Demand for intermediate, small commercial vehicles (ILCVs & SCVs), and pickups have pushed the company's sales into negative territory.

| Category | November 2022 | November 2021 | Growth(Y-o-Y) ||----------------------|---------------|----------------|-------------------|| M&HCV | 8,879 | 6,266 | 42% || I&LCV | 3,462 | 5,099 | -32% || SCV cargo and pickup | 13,048 | 15,747 | -17% || Total CV Domestic | 27,430 | 28,295 | -3% || CV IB | 1,623 | 3,950 | -59% || Total CV | 29,053 | 32,245 | – 10% |

Domestic MH&ICV sales in November 2022, including trucks and buses, were 11,896 units, up from 10,213 units in November 2021.

In November 2022, total sales for the MH&ICV Domestic & International Business, including trucks and buses, were 12,673 units, up from 11,909 units in November 2021.

M&HCV sales increased by 42% to 8,879 units, while I&LCV sales decreased by 32% to 3,462 units. But small commercial vehicles and pickups reported a 17% drop to 13,048 units. Tata Motors exported over 1,623 units to foreign markets in the month, a 59% drop.

Total sales included commercial vehicle sales of 29,053 units, a 10% decrease year on year. Total domestic sales in November 2022 were 73,467 units, up 27% from 58,073 units sold in November 2021. Domestic sales included 46,037 passenger vehicles (including EVs) and 27,430 commercial vehicles.

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