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News and Reviews

Tata Motors registered domestic sales of 1,07,786 units in Q1 FY22

Mumbai, July 1, 2021: Tata Motors Limited today announced its sales in the domestic & international market, for Q1 FY22, which stood at 1,14,784 vehicles, compared to 24,978 units during Q1 FY21.

Domestic Sales Performance:

Category June‘21 June‘20 % Change Q1 FY22 Q1 FY21 % Change
Total Domestic Sales 43,704 19,387 125% 1,07,786 23,773 353%

Domestic – Commercial Vehicles:

Mr. Girish Wagh, ED & President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Tata Motors’ Commercial Vehicle domestic sale in Q1 FY22 at 43,400 units was ~56% lower than the previous quarter (Q4 FY21) as the momentum of strong sequential demand recovery, evident in the H2-FY21, was disrupted by the surge in COVID 2nd wave. With decentralized restrictions and focus on micro containment zones this year, the sale in Q1 FY22 was 4.7 times of Q1 last year which was under complete lockdown. With demand across all segments impacted, we realigned our production to the revised retail visibility. The trucker and tipper sentiments indices saw a sharp drop, being comparable only with the level seen during complete lockdown last year. However, with easing restrictions and gradual reopening during the last fortnight of June’21, we are witnessing increasing enquiries and retails. International business continued the recovery momentum in Q1 FY22 and grew by 460% over Q1 FY21 as well as 24% over Q1 FY20. We continue to cautiously monitor the situation and dynamically align our business agility plans to the evolving scenario.”

   Category June‘21 June‘20 % Change Q1 FY22 Q1 FY21 % Change
M&HCV 5,243 1,693 210% 12,768 2,045 524%
I & LCV 2,785 870 220% 5,762 928 521%
Passenger Carriers 943 299 215% 2,184 325 572%
SCV cargo and pickup 10,623 5,106 108% 22,686 5,904 284%
Total Domestic 19,594 7,968 146% 43,400 9,202 372%
CV Exports 2,506 856 193% 6,745 1,205 460%
Total CV 22,100 8,824 150% 50,145 10,407 382%

Total MHCVs sale in Q1 FY22 including M&HCV Truck, Buses and International Business stood at 15,751 units compared to 2,540 units in Q1 FY21.

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