Tata Motors reports November 2023 sales Update

Mumbai- Tata Motors Limited., a commercial vehicle manufacturer, has registered a 1% drop in its total domestic sales for November 2023 on a year-on-year basis. In total, the company sold 72,647 vehicles in India in November 2023, compared to 73,467 units sold during the same period last year.

Tata Motors' total sales in the domestic and international market for November 2023 stood at 74,172 vehicles, compared to 75,478 units during November 2022.

Sales of domestic passenger vehicles by Tata Motors for November 2023

The business sold 46,068 passenger vehicles domestically in November 2023, about same to the 46,037 sold in the same month the previous year. These figures also take into account the company's electric car sales. According to the corporation, the sales of passenger vehicles abroad decreased by 81% from 388 vehicles in November 2022 to 75 units in November 2023.

Sales of commercial vehicles by Tata Motors in November 2023

Tata sold 28,029 commercial vehicles in November 2023, a 4% YoY decrease from the 29,053 sold in the same month the previous year. The company sold 26,579 commercial vehicles in November 2023 as opposed to 27,430 units sold in the same month the previous year, indicating a 3% decline in domestic sales for commercial vehicles.

According to the company's BSE filing, the total sales of trucks and buses for the domestic and international medium-heavy and intermediate commercial vehicles (MH&ICV) market in November 2023 were 12,895 units, up from 12,673 units in November 2022.