Tata Motors saw 51% growth in sales in February, highest PV sales in 9 years

Tata Motors' sales growth in February.

Tata Motors’ sales growth in February.

Tata Motors has sold a total of 27,225 passenger vehicles in February 2021. In February last year, Tata Motors sold a total of 12,430 PVs. In such a situation, Tata Motors grew by 119 percent in February this year.

New Delhi. Tata Motors has made the sales figures for the month of February public. Which shows that due to the increase in domestic demand, Tata Motors sales have increased by 51 percent. If we look at the domestic and foreign sales of Tata Motors in February 2020, only 40,619 units were sold. Whereas in February 2021, Tata Motors sold 61,365 vehicles.

119% growth in passenger vehicle sales Tata Motors has sold a total of 27,225 passenger vehicles in February 2021. In February last year, Tata Motors sold a total of 12,430 PVs. In such a situation, Tata Motors grew by 119 percent in February this year. Let us tell you that in the last 9 years, Tata Motors has never sold so much in February.

TATA

Growth in commercial vehicle sale Tata Motors’ commercial vehicle sales have also increased by 21 percent. Last year, Tata Motors sold 28,071 vehicles in February. Whereas in February this year, the company has sold a total of 33,966 vehicles. After the release of these figures, Tata Motors shares in BSE rose 1.28 percent to Rs 327.15.Also read: Anand Mahindra expresses concern, India may lose the title of Jugaad! Read here the reason

Growth in Maruti’s cell too – Maruti’s total sales in the month of February stood at 1.64 lakh units, up 11.8 percent year-on-year. Whereas in the month of February last year, the company had sold 1.47 vehicles. In February, the company’s exports grew by 11.9 percent to 11,486 units. Whereas in February of last year, the company exported 10,261 units.

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In February, the company’s domestic sales grew by 11.8 per cent to 1.52 units. Which was 1.36 lakh units in February last year. In February, the company’s passenger car sales grew by 6.1 percent to 1.05 lakh units. Which was 99,871 lakh units in February last year. On a month-on-month basis, the company has seen a 2.5 percent increase in total sales. Explain that in January, the company had sold 1.60 lakh vehicles. Whereas in February, the company has sold 1.64 lakh vehicles.



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