Mumbai: Tata Motors announced a 2% increase in total wholesales to 76,766 units in May compared to 74,973 units in the same month last year.
According to a regulatory filing, the company's domestic sales totaled 75,173 units last month, up from 73,448 units in May 2023, reflecting a growth of 2%. The sales of passenger vehicles, including electric vehicles, in the domestic market rose by 2% to 47,075 units compared to 45,984 units in the same month last year.
Additionally, Tata Motors reported a 2% increase in total commercial vehicle sales, reaching 29,691 units in May 2024, up from 28,989 units in May 2023.
Shares of Tata Motors on the Weekend Friday May 31m Closed at Rs 924.50 per share on the National Stock Exchange.
Tata Motors Limited (TML) stands as one of India’s largest Original Equipment Manufacturers (OEMs), offering a comprehensive array of integrated, smart, and e-mobility solutions.
In the Commercial Vehicle (CV) segment, TML provides a range spanning from sub-1 tonne to 55-tonne Gross Vehicle Weight (GVW) trucks, as well as small, medium, and large buses and coaches. On the Passenger Vehicle (PV) front, TML offers the NEW FOREVER range, characterized by the IMPACT 2.0 design language, encompassing cars and utility vehicles. These vehicles are developed using cutting-edge sustainable technologies.
About Tata Motors Limited
Tata Motors is at the forefront of shaping the electric mobility landscape in India, playing a pivotal role in advancing the adoption of electric vehicles (EVs) nationwide.
Furthermore, Tata Motors has joint ventures (JVs) with Fiat Group Automobiles for manufacturing passenger cars, engines, and transmissions for the Indian market. Additionally, there is a JV with Cummins Inc. USA, focusing on the design and manufacturing of diesel engines.
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