Tata Motors achieves 2% growth in May 2024 sales, boosted by strong ILMCV performance

Tata Motors Limited sales in the domestic & international market for May 2024 stood at 76,766 vehicles, compared to 74,973units during May 2023. The domestic sales performance showed a 2% increase from May 2024 to May 2023, with total sales of 75,173 and 73,448 respectively.

The rate of increase for Domestic commercial vehicles in May 2024 and May 2023 was 3%, with a total of 28,476 vehicles sold in May 2024 as compared to 27,570 in May 2023. The total sales of commercial vehicles in May 2024 and May 2023 were 29,691 and 28,989 respectively, indicating a 2% increase rate. Domestic sale of MH&ICV in May2024, including trucks and buses, stood at 12,987 units, compared to11,776 units in May 2023. Total sales for MH&ICV Domestic & International Business in May 2024, including trucks and buses, stood at 13,532 units compared to12,292units in May2023.

The total PV domestic (including EV) in May 2024 and May 2023 were 46,697 and 45,878, respectively, indicating a 2% growth rate. The total PV (including EV) in May 2024 and May 2023 were 47,075 and 45,984, respectively, indicating a 2% growth rate. The sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiary companies of Tata Motors Limited, are included.