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Tata Motors beat Hyundai Motor India for the second time in the last six months, from Dec '21 to May '22, to become the second biggest PV manufacturer in India.
Tata Motors beat Hyundai Motor India for the second time in the last six months, from Dec '21 to May '22, to become the second biggest PV manufacturer in India.
The domestic automobile manufacturer recorded 43,341 number of units in sales in the period of May 2022 in the Indian market, easily outnumbering the Indian arm of the South Korean car manufacturer by a difference of around 1,048 passenger vehicle units.
As per sources in the industry, Hyundai recorded 42,293 PV units in the month of May 2022. But the official figures are yet to be confirmed by the management of Hyundai Motor India.
The similar peak point of highest PV sales for Tata Motors was reported earlier in December 2021 with a sale record of 35,300 passenger vehicle units in the Indian market, outperforming Hyundai Motor India by a margin of around 3000 PV units at 32, 312 PV car sales.
One of the major reasons for Tata Motors record sales report for the month of May 2022 stems from the fact that there was a huge demand for Tata electric vehicles, seeing a volume growth of 3,454 EV units in May, from 2,322 EV units in April 2022.
In the last six months, automotive conglomerate Tata Motors has defeated Hyundai India twice and consolidated its no.2 spot on the list of country's largest manufacturers and retailers of passenger vehicles.
Budget 2023 highlights for Automotive Industry
Check out these important highlights of Union Budget 2023
01-Feb-2023 04:07 PM
Read Full NewsBudget 2023 highlights for Automotive Industry
Check out these important highlights of Union Budget 2023
01-Feb-2023 04:07 PM
Read Full NewsIn Budget 2023-2024 FM proposes Rs 19,700 crores for Green Hydrogen Fuel
In order to meet India's climate pledge, the government prioritises green fuel while emphasising green growth under the Mission.
01-Feb-2023 01:11 PM
Read Full NewsIn Budget 2023-2024 FM proposes Rs 19,700 crores for Green Hydrogen Fuel
In order to meet India's climate pledge, the government prioritises green fuel while emphasising green growth under the Mission.
01-Feb-2023 01:11 PM
Read Full NewsBudget 2023 Live Updates: FM sees FY23 growth at 7%
Financial Budget 2023-2024 India is live. FM Nirmala Sitaraman presenting the budget in the Parliament.
01-Feb-2023 11:38 AM
Read Full NewsBudget 2023 Live Updates: FM sees FY23 growth at 7%
Financial Budget 2023-2024 India is live. FM Nirmala Sitaraman presenting the budget in the Parliament.
01-Feb-2023 11:38 AM
Read Full NewsTata Nexon EV Rival Maruti Electric SUV To Offer Up To 500 Km Range
At the upcoming 2023 Auto Expo, the biggest automaker in India will unveil its first all-electric model, dubbed YY8. It will serve as the company's 2023 hero idea, much like Future-S did in 2018 and Futuro-e did in 2020
02-Jan-2023 01:31 PM
Read Full NewsTata Nexon EV Rival Maruti Electric SUV To Offer Up To 500 Km Range
At the upcoming 2023 Auto Expo, the biggest automaker in India will unveil its first all-electric model, dubbed YY8. It will serve as the company's 2023 hero idea, much like Future-S did in 2018 and Futuro-e did in 2020
02-Jan-2023 01:31 PM
Read Full NewsElectric Vehicles are capturing the market | 1 million sales crossed in 2022
India's electric vehicle (EV) market is on pace to sell 1 million units this year. According to a report by the Economic Times.
30-Dec-2022 06:38 PM
Read Full NewsElectric Vehicles are capturing the market | 1 million sales crossed in 2022
India's electric vehicle (EV) market is on pace to sell 1 million units this year. According to a report by the Economic Times.
30-Dec-2022 06:38 PM
Read Full NewsAuto Industry Size in India should be Rs 15 Lakh crore till 2024 | Nitin Gadkari Statement
According to Union Minister for Road Transport and Highways Nitin Gadkari, India wants to double the size of its vehicle industry to Rs 15 lakh crore by the end of 2024.
30-Dec-2022 06:09 PM
Read Full NewsAuto Industry Size in India should be Rs 15 Lakh crore till 2024 | Nitin Gadkari Statement
According to Union Minister for Road Transport and Highways Nitin Gadkari, India wants to double the size of its vehicle industry to Rs 15 lakh crore by the end of 2024.
30-Dec-2022 06:09 PM
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