Tata Motors released sales figures, know full details
Newstracklive|July 03, 2020

Pandemic Corona has devastated the automobile industry. But even after the transition, Tata Motors has sold few vehicles. Total passenger vehicle sales of the company stood at 14,571 units in the first quarter of FY2021, which was 61% lower than the 36,945 sold in the same period last year. Like other automobile companies, Tata Motors also recorded zero sales in the domestic market in the first month of this financial year. Whereas after the relaxation of lockdown in May, there was a slight increase in sales.

In his statement, Shailesh Chandra, president of Tata Motors' passenger vehicle business unit, said that "the covid-19 lockdown has had a profound impact on the passenger vehicle industry in the first quarter of FY21. After a brief respite in sales in May 2020 There was an increase in demand in June 2020. The cumulative sales of passenger vehicle business stood at 14,571 units in Q1 of FY21 which was 61% lower than the first quarter of FY 20. Retail compared to wholesale sales Sales were 27 percent stronger. The company's focus was on retailing, ensuring inventory levels in the network. " The company's passenger vehicle sales, including 328 electric vehicles, were dispatched in the first quarter.

Tata Motors has revealed the commercial vehicle sales in the Indian market. At the same, 9,274 units have been sold in the first quarter of the last financial year. Which was sold 90 percent compared to 94,934 sold in the same period last year. The company's exports registered a decline of 78 per cent compared to 5423 units sold in the same period last year, with 1,202 units. Tata Motors' domestic sales, including passenger vehicles and commercial vehicles, stood at 23,845 units in the first quarter of FY 2021, a decline of 82 per cent from 1,31,879 sold in the same period last year.

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