Tata Motors Reports Mixed Sales Performance: 8% Rise in Wholesales, 8% Dip in Domestic Sales

Tata Motors announced an 8% increase in total wholesales for August with 71,693 units sold, compared to 78,010 units in August last year. However, domestic sales saw an 8% decline, recording 70,006 units against 76,261 units last year. Passenger and commercial vehicle sales also showed mixed performance.

Tata Motors on Sunday reported an 8 per cent rise in total wholesales, reaching 71,693 units in August, up from 78,010 units in the same month last year. This marks a significant growth despite market fluctuations.

However, the company's total domestic sales fell by 8 per cent, recording 70,006 units compared to 76,261 units in the previous year. This dip presents challenges in retaining market share amidst dynamic industry conditions.

Specifically, sales of passenger vehicles, including electric vehicles, in the domestic market saw a modest 3 per cent increase to 44,142 units from 45,513 units last year. Meanwhile, total commercial vehicle sales in the domestic market declined by 3 per cent year-on-year, totaling 25,864 units against 30,748 units in August 2023.

(With inputs from agencies.)