For the first time in a long time, Tata Motors, the homegrown automaker has trumped South Korean Hyundai to become second highest automobile promoting model in India. Maruti Suzuki stays the high carmaker in the nation.
The home gross sales rose to 66,307 models throughout the month underneath assessment from 53,430 models offered throughout December 2020.
The firm`s complete industrial car gross sales rose to 31,008 models in December 2021 from 29,885 models offered throughout the corresponding month of the earlier yr. Total passenger car gross sales rose by 50 per cent to 35,299 models from 23,545 unit off-take in December 2020.
Read additionally:Â 2022 Upcoming SUVs in India: Hyundai Creta facelift, Mahindra Scorpio and extra
“Tata Motors PV business growth journey continued and set several new milestones during the quarter despite witnessing a shortfall in production due to the ongoing semi-conductor crisis,” stated Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors.
“The overwhelming market response to Tata Punch launched in October 21 is further boosting demand for the company`s `New Forever` range of cars and SUVs,” he added.
Chandra additionally stated that the ever-increasing demand for Nexon EV and Tigor EV in addition to progressive revival of the EV fleet section have been instrumental in driving this steep development.
“Going forward, semiconductor supplies will remain the key source of uncertainty. Additionally, the impact of the new strain of Covid needs to be closely tracked. We will continue to work on business agility plan and take proactive actions to mitigate these risks,” Chandra stated.
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