Source: PTI | Tata Motors on Monday reported a 2% rise in its total domestic wholesales at 90,822 units in March. In the year-ago period, the company posted total wholesales of 89,351 units.
Sales of passenger vehicles, including electric vehicles, in the domestic market, were at 50,297 units in March as compared to 44,225 units in the same period last year, up 14%, it added.
Total commercial vehicle dispatches in the domestic market last month stood at 40,712 units, down 10% as against 45,307 units in March 2023.
For the fiscal ended March 31, 2024, the company said its total wholesales in the domestic market stood at 9,49,015 units, up 2% from 9,31,957 units in 2022-23.
Last fiscal, passenger vehicle wholesales stood at 5,73,495 units, up 6% from 5,41,087 units in FY2022-23.
Commercial vehicle dispatches in the domestic market declined by 4% to 3,78,060 units last fiscal from 3,93,317 units in the year-ago period.
“In FY24, the company’s passenger vehicles (including EVs), posted its third consecutive year of highest ever sales with wholesales of 5,73,495 units (up 6% vs FY23) and retail sales growing around 10% vs FY23,” Tata Motors Passenger Vehicles Managing Director Shailesh Chandra stated.
