Tata Motors dispatched about 35300 models in December 2021 towards 32312 models despatched by South Korean carmaker Hyundai Motor India. Throughout the quarter of October to December, Tata Motors despatched near 99000 automobiles and ended 2021 with gross sales of three.31 lakh models.
Tata Motors, the maker of Nexon SUV, has overtaken Hyundai Motor India to grow to be the second-largest vendor of passenger automobiles within the home marketplace for the primary time in near a decade in December 2021. The corporate additionally earned the excellence of posting its highest-ever month-to-month gross sales in December 2021, highest ever quarterly gross sales in October to December of 2021 and the best annual gross sales since its inception in 2021.Tata Motors dispatched about 35300 models in December 2021 towards 32312 models despatched by South Korean carmaker Hyundai Motor India. Throughout the quarter of October to December, Tata Motors despatched near 99000 automobiles and ended 2021 with gross sales of three.31 lakh models.Regardless of witnessing a shortfall in manufacturing as a result of ongoing semiconductor disaster, Shailesh Chandra, President, Passenger Automobiles Enterprise Unit, Tata Motors Ltd., mentioned the corporate’s passenger automobile enterprise set a number of new milestones through the quarter.”Decade excessive quarterly and month-to-month sales- 99,002 models in Q3 FY22 (progress of 44% vs Q3 FY21) and 35,299 models in Dec ’21 (progress of fifty% vs Dec’ 20) have been recorded. As well as, the corporate additionally posted calendar yr gross sales of three,31,178 models (CY21), the best ever for the reason that inception of the PV Enterprise. The overwhelming market response to Tata Punch launched in Oct ’21 is additional boosting demand for the corporate’s “New Ceaselessly” vary of cars and SUVs,” added Chandra. Whereas Hyundai Motor India was insulated for many of 2021 from the semiconductor scarcity, the corporate was compelled to appropriate manufacturing and even observe ‘no manufacturing days’ resulting from a scarcity of components over the previous couple of months.Reviewing the December 2021 gross sales, Tarun Garg, director of gross sales and advertising at Hyundai Motor India, mentioned that HMI had managed challenges to make sure clean deliveries of their favorite Hyundai automobiles regardless of key element provide constraints its clients.”HMI has registered a wholesome progress of 19.2 % in CY 2021 within the home market over final yr’s gross sales efficiency. We are going to proceed to drive buyer delight with the introduction of good mobility options pegged on the tenets of Clever Expertise, Innovation and Sustainability,” added Garg.Tata Motors additionally posted its document electrical automobile gross sales at 2255 models, taking the quarterly gross sales to a peak of 5,592 models; consequently, EV penetration touched 5.6% of PV Gross sales through the quarter versus 1.8% in the identical interval final monetary yr.The corporate claimed EV gross sales additionally touched 10,000 models in 9MFY22 and crossed the two,000 month-to-month gross sales landmark for the primary time in Dec ’21.”The ever-increasing demand for Nexon EV and Tigor EV, in addition to the progressive revival of the EV fleet section, have been instrumental in driving this steep progress. Going ahead, semiconductor provides will stay the important thing supply of uncertainty. Moreover, the influence of the brand new pressure of Covid must be intently tracked. We are going to proceed to work on a enterprise agility plan and take proactive actions to mitigate these dangers,” cautioned Chandra.
Each corporations are additionally taking a look at methods to deal with the semiconductor scarcity in a greater method subsequent yr in order that the influence on the manufacturing is minimal.