Tata Motors sees modest growth in May 2024 sales

In May 2024, Tata Motors Limited’s sales in both domestic and international markets increased to 76,766 vehicles, a significant increase from May 2023 sales of 74,973 units. The domestic sales performance showed a 2% increase from May 2024 to May 2023, with total sales of 75,173 and 73,448 respectively.

With 28,476 cars sold in May 2024 compared to 27, in May 2023, there was a 3% rise in the rate of growth for domestic commercial vehicles between May 2024 and May 2023. The total sales of commercial vehicles in May 2024 and May 2023 were 29,691 and 28,989 respectively, indicating a 2% increase rate. In May 2024, the domestic sale of MH&ICV, including trucks and buses, increased to 12,987 units, compared to 11,776 units in May 2023. Total sales for MH&ICV Domestic & International Business in May 2024, including trucks and buses, stood at 13,532 units compared to12,292 units in May2023.

The total PV domestic (including EV) in May 2024 and May 2023 were 46,697 and 45,878 respectively, indicating a 2% growth rate. The total PV (including EV) in May 2024 and May 2023 were 47,075 and 45,984 respectively, indicating a 2% growth rate. The sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiary companies of Tata Motors Limited, are included.