September 2020 sales: Tata Motors registers 163% growth in PV

Representational Purpose

Good times for Tata Motors continue as the company sold 21,199 units in the Passenger Vehicles segment in September 2020, registering an impressive growth of 163% compared to 8,097 units sold during the same period last year.

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, the supply-side has been progressively improving. Tata Motors PV business posted a wholesale of 54,794 units in Q2 FY21, which is 112% growth as compared to Q2 FY20. For September 2020, wholesale of 21,199 units was 163% higher than Sep 2019. The company also sold 924 EVs in Q2 FY21, with an encouraging response received for Nexon EV. – Shailesh Chandra, President, PVBU, Tata Motors


The company’s sales in the domestic & international markets for Q2 FY21 stood at 1,10,379 vehicles, compared to 1,05,031 units during Q2 FY20.

Tata Motors’ Commercial Vehicle domestic sales in Q2 FY21 at 52,094 units was ~23% lower than Q2 FY20. However, it was significantly higher than the previous quarter (Q1 FY21) on the back of gradually increasing demand and improving supply situation. In September 2020, the sale at 23,245 units was 38% higher than last month while being 4.3% below September 2019. Offtake was higher than retail, as we prepare for sequential improvement in retails in the coming months. Our BS6 products are receiving very good response from customers, as these deliver on the promise of better earnings potential across applications, along with enhanced comfort, connectivity and performance. – Girish Wagh, President, CVBU, Tata Motors

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