Tata Motors March domestic sales jumped six times to 66,609 units from 11,012 units a year ago, indicating recovery in demand after the Covid-19 pandemic.
The company reported its domestic commercial vehicles sales at 36,955, almost seven times from 5,336 a year ago. Its domestic passenger vehicles witnessed a jump of nearly 6 times to 29,654 units.
“Tata Motors PV Business posted its highest ever sales in 9-years, in March 21 and Q4 FY21,” said Shailesh Chandra, President, Passenger Vehicles Business Unit.
In FY21 the business registered its highest ever annual sales in 8 years, while posting a growth of 69% versus FY20, he added.
The company’s “New Forever” product range, including the new Tata Safari, continues to witness strong acceptance in the market, Chandra said.
In the EV segment, the company sold 4,219 units in FY21, a threefold increase over FY20. Nexon EV, claimed by the company to be the highest sold EV in the country, crossed the milestone of 4,000 units, since its launch in January 2020.
Commercial vehicle sales over the previous quarter also show strong growth on back of improved consumer sentiments, firming freight rates and higher infrastructure demand including road construction and mining, said Girish Wagh, President, Commercial Vehicles Business Unit.