Automotive
Tata Motors surpasses Hyundai
Published
6 months agoon
By
ShajanTata Motors Surpasses Hyundai To Become No. 2 Carmaker In India
Tata Motors has overtaken Hyundai Motor India to become the second largest-selling carmaker in India in December 2021.
The Indian auto giant’s domestic car sales stood at 35,300 units last month, while Hyundai sold 32,312 units during the same period. The strong volumes are backed by a slew of popular-selling products for Tata Motors, which also helped the carmaker record its highest-ever monthly sales in December.
Tata also achieved some sales milestone in the EV segment. According to Shailesh Chandra, president, PVBU, Tata Motors, EV sales saw a new peak of 5,592 vehicles in Q3 FY2022, a three-fold growth compared to Q3 FY2021. The share of EVs in monthly sales touched 5.6 percent during the quarter compared to 1.8 percent in the same period in FY2020.
The country’s largest carmaker Maruti Suzuki saw its wholesale numbers decline by almost 12 percent YoY at 1,13,851 units.
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