Tata Motors sells 2,28,169 vehicles in Q3FY23 at 14% YoY growth

Tata Motors Limited said that it sold 2,28,169 vehicles in the domestic and international markets during Q3FY23, which is a 14% increase compared to 1,99,634 vehicles sold in Q3FY22.

The total domestic sales of Tata Motors vehicles in Q3FY22 were 2,23,001 units, which is a year-over-year (YoY) growth of 17.7%. In December 2022, the Indian automobile manufacturer sold 72,997 vehicles in the domestic market.

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Tata Motors’ sale of commercial vehicles in Q3FY23 in India was 91,704 units, which is an increase of 1.3% compared to Q3FY22. Overall, the automobile manufacturer sold 95,914 commercial vehicles during the reported quarter in both domestic and international markets, which is a 4.2% decline compared to 1,00,070 commercial vehicles sold in Q3 FY22.

Tata Motors sells 2,28,169 vehicles in Q3FY23 at 14% YoY growth
Tata Motors sells 2,28,169 vehicles in Q3FY23 at 14% YoY growth. Photo courtesy of Tata Motors.

The company sold 1,31,297 passenger vehicles in India in Q3FY23, which is a 32.6% growth compared to Q3FY22. A total of 1,32,255 passenger vehicles were sold by Tata Motors in Q3FY23 in the domestic and international markets, which is an increase of 32.8% compared to 99,564 passenger vehicles sold in Q3 FY22.

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