Tata Motors’ wholesale grows 3% y-o-y in February

1 Mar 2023 , 03:51 AM

On Wednesday, Tata Motors announced its sales for the month of February 2023. The company reported a 3% yoy growth in total wholesales at 79,705 units in February as compared to 77,733 units in the previous corresponding period.

Domestic vehicle sales increased by 6% last month to 78,006 units, up from 73,875 units in February 2022, according to Tata Motors.

According to the company, passenger vehicle domestic sales, including electric vehicles, were 43,140 units in the month under review, up from 40,181 units in the same period last year.

However, total commercial vehicle domestic sales fell 3% last month to 36,565 units, down from 37,552 units a year ago.

Following this development, Tata Motors is trading 1.28% higher at Rs426.10, against the previous close of Rs420.70 on NSE. The counter touched an intraday high and low of Rs428 and Rs421.50 respectively.

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