Tata Motors reported a 1.73% decline in global sales, with 74,172 units sold in November 2023 compared to 75,478 units in the same month last year. Domestic sales were at 72,647 units, a 1% decrease from 73,467 units in November 2022, the company disclosed in a regulatory filing.
Passenger vehicle sales, including electric vehicles, were at 46,143 units, down 1% from 46,425 units in the year-ago month. However, in the domestic market, PV sales, including EVs, saw a slight increase to 46,068 units as opposed to 46,037 units in November 2022. Additionally, sales of passenger EVs in the domestic market saw a 7% jump, with 4761 units sold, compared to 4451 units in the same month last year.
Commercial vehicle sales for November 2023 were at 28,029 units, a 4% decline from 29,053 units in the previous year. Domestic CV sales also decreased 3%, with 26,579 units sold compared to 27,430 units in November 2022.
For more automotive news, including upcoming car launches in India and the impact on car prices in January 2024, visit the Business Insider website.