Automobile Gross sales August 2020: Tata Motors Registers Y-o-Y Progress Of 21.6%; Sells 36,472 Items

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Tata Motors’ complete gross sales, home + worldwide, stood at 36,472 models, a Y-o-Y progress of 13.three%

Tata Motors has launched the gross sales numbers for the month of August 2020, throughout which the corporate’s complete gross sales, in each the home and worldwide market, stood at 36,472 automobiles. In August 2019 the corporate offered 32166 models and this noticed the corporate file a 12 months-on-12 months (Y-o-Y) progress of 13.three per cent. Nevertheless, the corporate’s gross sales efficiency within the home market was even higher, because it recorded a 21.6 per cent progress with 35,420 automobiles final month, as in opposition to the 29,140 models offered in August 2019. Nevertheless, we’ve got to contemplate the truth that final yr the auto trade was already dealing with a extreme slowdown and new fashions just like the Hyundai Venue and Kia Seltos have been creating issues for the corporate.

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Tata’s passenger automobile section witnessed a large 154 per cent progress in August 2020 with a sale of 18,583 models

Earlier this yr, the corporate had introduced that it’ll not share month-to-month gross sales figures and would as an alternative put out quarterly numbers. The truth is, it was simply final month that the corporate shared the sales numbers for the first quarter of FY2021, throughout which the corporate witnessed a decline of 61 per cent at 14,571 models as in comparison with 36,945 models which have been offered in the identical interval final yr. Nevertheless, Tata now claims that it was pressured to share the gross sales numbers for August due to false gross sales knowledge that has been circulating on the web

Additionally Learn: Tata Motors Reports A Loss Of ₹ 9,864 Crore In Q4 FY2020

In its media launch, Tata Motors mentioned, “It has come to our consideration that on some social media platforms, Tata Motors August 20 gross sales knowledge is being quoted in an unauthorised method. Therefore, to make sure that the proper data is made accessible to all involved, the next particulars are being shared.”

Additionally Learn: Tata Motors Purchases 50% Share Of Jayem Automotives In JTSV Joint Venture

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Tata Motors’ complete CV gross sales stood at 17,889 models, a decline of 28 per cent in comparison with the 24,850 automobiles offered in August 2019

Additionally Learn: Tata Motors Announces Revamp Of Its Commercial Vehicles Line-Up

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As for the passenger automobile section, the corporate says that it witnessed a large 154 per cent progress in August 2020 with a sale of 18,583 models, in comparison with the 7,316 models offered throughout the identical month final yr. One of many causes for this might have been the results of the corporate’s ‘Vocal for Native’ marketing campaign, which is in line the present sentiment of shopping for Made-in-India merchandise. As for the industrial automobile section, final month, Tata Motors’ complete CV gross sales stood at 17,889 models, a decline of 28 per cent in comparison with the 24,850 automobiles offered in August 2019. Whereas home gross sales noticed a drop of 22 per cent with 16,837 models offered, the corporate’s CV exports fell by over 65 per cent with Tata exporting solely 1052 models.

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