Tata Motors had a spectacular end to 2022

In December 2022, Tata Motors reclaimed its former position as India‘s second-largest automaker by passing Hyundai, capping up a spectacular 2022 for the Indian automaker. In comparison to the sale of 35,299 units in December 2021, the automaker reported sales of over 40,043 units, a 13.44 percent increase year over year.

The calendar year 2022 has been a remarkable year, according to the managing director of the passenger vehicles division Shailesh Chandra, “as we exceeded market growth and crossed the distinguishing milestone of 5 lakh units comfortably to post sales of 5,26,798 units.”

Tata Motors had a spectacular end to 2022

In the Indian car industry’s sales rankings, Maruti Suzuki India still holds the top spot. However, the Indian automaker’s year came to a disappointing conclusion. As a result of adjusting production to reduce dealer inventory, the company sold 1.13.53 units less last month than it did in December 2021 (1.26.031). As a result, companies like Maruti Suzuki, Hyundai, and Tata Motors drove domestic passenger car sales, which rose by 23 percent to a record 37.93 lakh units in 2022.

Author: Sunil Jat