Tata Motors soars auto sales rise 51% YoY in July22

1 Aug 2022 , 01:51 PM

Total domestic sales increased by 52% YoY to 78,978 units in July 2022. While total domestic commercial vehicle sales rose by 44% to 31,473 units, total sales of passenger vehicles jumped 57% to 47,505 units in July 2022 over July 2021. Total sales for MH&ICV Domestic & International Business in July 2022, including trucks and buses, stood at 12,974 units compared to 8,749 units in July 2021. Tata Motors, part of the Tata group, is a global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. The auto major reported consolidated net loss of Rs 5,006.60 crore in Q1 FY23 as against a net loss of Rs 4,450.92 crore in Q1 FY22. Revenue from operations increased 8.3% YoY to Rs 71,935 crore during the quarter ended 30 June 2022. Powered by Capital Market – Live News