Tata Motors registered domestic sales of 150,958 units in Q3 FY21 Grows by 41% over Q2 FY21 and by 24% over Q3 FY20

tata-motors-registered-domestic-sales-of-150-958-units-in-q3-fy21-grows-by-41-over-q2-fy21-and-by-24-over-q3-fy20

Mumbai, January, 2021.

Tata Motors Limited today announced its sales in the domestic & international market, for Q3 FY21, which stood at 158,215 vehicles, compared to 129,381 units during Q3 FY20. 

Domestic Sales Performance:

 

Category

Dec‘20

Dec‘19

% Change

Q3 FY21

Q3 FY20

% Change

Total Domestic Sales

53,430

44,254

21%

150,958

121,463

24%

 

Domestic - Commercial Vehicles:

 

Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Tata Motors’ Commercial Vehicle domestic sales in Q3FY21 at 82,155 units was 48% higher than the previous quarter and recovered to be broadly in line with Q3FY20 ( - 3.5%). M&HCVs and ILCVs led the recovery, growing by 10% and 7% respectively over Q3FY20, with higher demand in infrastructure including road construction, mining and e-commerce. The offtake continued to be higher than retail to support sequential month on month growth in retail while ensuring healthy inventory levels in the pipeline. We continue to monitor and work on the supply chain to improve availability, especially of electronic components, which impacted the output at the end of Q3.”

 

   Category

Dec‘20

Dec‘19

% Change

Q3 FY21

Q3 FY20

% Change

M&HCV

 8,377

 6,957

20%

19,109

17,900

7%

I & LCV

 4,619

 4,290

8%

12,930

11,733

10%

Passenger Carriers

 751

 3,293

-77%

2,191

7,208

-70%

SCV cargo and pickup

13,177

 16,929

-5%

43,964

48,268

-1%

SCV AP Tender*

2,961

--

3,961

--

Total Domestic

 29,885

 31,469

-5%

82,155

85,109

-4%

CV Exports

 2,984

 2,613

14%

7,168

7,563

-5%

Total CV

 32,869

 34,082

-4%

89,323

92,672

-4%

 

Total MHCVs sale in Q3 FY21 including MHCV Truck, Buses and International Business stood at 21,476 units compared to 23,742 units in Q3-FY20.

 *Vehicles supplied to Andhra Pradesh State Civil Supplies Corporation Limited awaiting inspection by the authorities.

 

Domestic - Passenger Vehicles:

 

Mr. Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors Ltd. said, The PV industry continued to grow robustly in Q3FY21, owing to pent up demand, strong festive season and shift towards personal mobility. Tata Motors PV Business has been witnessing strong response for its ‘New Forever’ range, which is being supported by continuous ramp up of supplies. In Q3FY21, PV business posted a growth of 89% as compared to Q3FY20- highest ever sales in last 33 quarters. For Dec’20, wholesale were higher by 84%, compared to Dec’19. Retail sales was 18% higher than wholesale for the month and pipeline inventory remains thin. We are continuing to debottleneck the supply chain and ramp up our output to meet the increased demand while addressing the availability of electronic components. With the growing popularity of Nexon EV, the company also posted an impressive sale in EVs with highest ever quarter wholesale of 1,253 units in Q3FY21 and 418 units in Dec’20.”

 

Category

Dec‘20

Dec‘19

% Change

Q3 FY21

Q3 FY20

% Change

Total PV

 23,545

 12,785

84%

68,803

36,354

89%