November 29, 2022

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Tata Motors overtakes Hyundai to grab number two position in December 2021, Auto News, ET Auto

 Tata Motors dispatched about 35300 units in December 2021 against 32312 units despatched by South Korean carmaker Hyundai Motor India. During the quarter of October to December, Tata Motors despatched close to 99000 vehicles and ended 2021 with sales of 3.31 lakh units.
Tata Motors dispatched about 35300 models in December 2021 towards 32312 models despatched by South Korean carmaker Hyundai Motor India. During the quarter of Oct to December, Tata Motors despatched near to 99000 cars and finished 2021 with gross sales of three.31 lakh models.

Tata Motors, the maker of Nexon SUV, has overtaken Hyundai Motor India to develop into the second-greatest seller of passenger cars in the domestic market for the 1st time in near to a 10 years in December 2021.

The firm also attained the distinction of posting its optimum-ever regular gross sales in December 2021, optimum ever quarterly gross sales in Oct to December of 2021 and the optimum once-a-year gross sales given that its inception in 2021.

Tata Motors dispatched about 35300 models in December 2021 towards 32312 models despatched by South Korean carmaker Hyundai Motor India. During the quarter of Oct to December, Tata Motors despatched near to 99000 cars and finished 2021 with gross sales of three.31 lakh models.

Irrespective of witnessing a shortfall in manufacturing due to the ongoing semiconductor crisis, Shailesh Chandra, President, Passenger Cars Business Device, Tata Motors Ltd., explained the firm’s passenger car or truck small business established quite a few new milestones for the duration of the quarter.

“10 years higher quarterly and regular gross sales- ninety nine,002 models in Q3 FY22 (progress of 44% vs Q3 FY21) and 35,299 models in Dec ’21 (progress of 50% vs Dec’ twenty) ended up recorded. In addition, the firm also posted calendar yr gross sales of three,31,178 models (CY21), the optimum ever given that the inception of the PV Business. The too much to handle market reaction to Tata Punch introduced in Oct ’21 is additional boosting demand from customers for the firm’s “New For good” assortment of cars and trucks and SUVs,” included Chandra.

Whilst Hyundai Motor India was insulated for most of 2021 from the semiconductor shortage, the firm was pressured to accurate manufacturing and even notice ‘no manufacturing days’ due to a shortage of pieces about the final several months.

Reviewing the December 2021 gross sales, Tarun Garg, director of gross sales and marketing at Hyundai Motor India, explained that HMI experienced managed problems to be certain easy deliveries of their favorite Hyundai cars and trucks even with vital component supply constraints its customers.

“HMI has registered a balanced progress of 19.two % in CY 2021 in the domestic market about final year’s gross sales effectiveness. We will proceed to drive purchaser delight with the introduction of clever mobility solutions pegged on the tenets of Intelligent Technology, Innovation and Sustainability,” included Garg.

Tata Motors also posted its record electric car or truck gross sales at 2255 models, getting the quarterly gross sales to a peak of 5,592 models for that reason, EV penetration touched 5.six% of PV Income for the duration of the quarter as opposed to 1.eight% in the very same period final fiscal yr.

The firm claimed EV gross sales also touched 10,000 models in 9MFY22 and crossed the two,000 regular gross sales landmark for the 1st time in Dec ’21.

“The ever-increasing demand from customers for Nexon EV and Tigor EV, as very well as the progressive revival of the EV fleet phase, ended up instrumental in driving this steep progress. Heading ahead, semiconductor provides will continue being the vital resource of uncertainty. On top of that, the affect of the new strain of Covid requires to be intently tracked. We will proceed to perform on a small business agility plan and take proactive steps to mitigate these challenges,” cautioned Chandra.

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Equally corporations are also hunting at techniques to cope with the semiconductor shortage in a far better way following yr so that the affect on the manufacturing is small.