Tata Motors Car Sales July 2023 – Punch, Nexon

Tata Motors has reported flat YoY passenger vehicle sales in July 2023 with just 0.26 percent growth to 47,628 units Tata Motors, among the leading automakers in India, has released its sales report for July 2023.

The company has reported a de-growth in total sales (PV + CV) that included both domestic sales and shipments to global markets at 80,633 units in July 2023. This was down 1.4 percent from 81,790 units sold in July 2022.

Tata Motors PV Sales July 2023

Sales of its passenger vehicles remained more or less flat with a marginal 0.26 percent YoY growth to 47,628 units in July 2023, up just 123 units from 47,505 units sold in July 2022. MoM sales improved by 0.83 percent from 47,235 units sold in June 2023 relating to a 393 unit volume growth.

PV exports fell 53 percent to just 61 units in July 2023 from 131 units shipped in July 2022 thus taking total PV sales including electric vehicles to 47,689 units. This remained flat on a YoY basis as against 47,636 units sold in July 2022. The company thus saw its total domestic sales last month dip to 78,844 units from 78,978 units sold in July 2022.

However, where the company’s electric vehicle lineup was concerned, sales (domestic + exports) improved by 53 percent to 6,329 units in July 2023 from 4,151 units sold in July 2022.

Upcoming launches

Tata Motors could soon see sales increase substantially with plans to launch 6 new SUVs in the coming months. There is the Nexon facelift along with the Punch CNG facelift poised for launch. Tata Punch CNG will be the company’s fourth product to get a factory-fitted CNG kit following the Tiago, Tigor and Altroz.

Tata Motors is also planning facelifts of its Harrier and Safari models. Nexon EV facelift and Punch EV are also set to be added to the company portfolio in the months ahead.