Ad
Ad
Tata Motors Limited sold 2,51,822 automobiles in the domestic and overseas markets in Q4 2023, compared to 2,43,459 units in Q4 2022.
Domestic MH&ICV sales in Q4 2023, comprising trucks and buses, were 54,435 units, up from 40,391 units in Q4 2022.
Overall MH&ICV Domestic & International Business sales in Q4 2023, comprising trucks and buses, were 56,059 units, up from 52,976 units in Q4 2022.
| Category | March’23 | March’22 | %Change | Q4 FY23 | Q4 FY22 | % Change | FY23 | FY22 | % Change ||----------------------|----------|----------|-------------|------------|------------|----------|----------|----------|-------------|| M&HCV | 15,963 | 14,499 | 10% | 39,549 | 33,392 | 18% | 1,22,494 | 88,041 | 39% || I&LCV | 6,570 | 7,555 | -13% | 15,027 | 18,680 | -20% | 54,580 | 53,854 | 1% || Passenger Carriers | 3,973 | 2,703 | 47% | 10,456 | 6,155 | 70% | 34,627 | 14,620 | 137% || SCV cargo and pickup | 18,801 | 19,668 | -4% | 47,113 | 51,800 | -9% | 1,81,616 | 1,65,667 | 10% || Total CV Domestic | 45,307 | 44,425 | 2% | 1,12,145 | 1,10,027 | 2% | 3,93,317 | 3,22,182 | 22% || CV Exports | 1,516 | 2,625 | -42% | 4,023 | 9,843 | -59% | 20,222 | 34,790 | -42% || Total CV | 46,823 | 47,050 | 0% | 1,16,168 | 1,19,870 | -3% | 4,13,539 | 35,6972 | 16% |
Tata Motors announced on Saturday that its total domestic wholesales grew by 3% in March 2023 to 89,351 units, compared to the same month last year.
Domestic commercial vehicle sales were 46,823 units in March 2022, compared to 47,050 units in March 2022. Domestic commercial vehicle sales climbed by 16% year on year to 4,13,539 units in FY23.
The company sold a total of 9,31,957 units in the domestic market for the fiscal year ending March 31, 2023, a 35% increase over 6,92,554 units in 2021-22.
Tata Motors' commercial vehicle domestic sales in Q4 FY23 at 1,12,145 units were 22% higher than the previous quarter (Q3 FY23) and 2% higher than the same quarter last year.
Increased replacement demand, advance buying in anticipation of price increases, and year-end buying to take advantage of depreciation benefits boosted demand near the end of the quarter. As a result, M&HCVs increased by more than 33% compared to Q3 FY23, while remaining 18% ahead of Q4 FY22.
Nonetheless, demand for compact and light commercial vehicles was hampered by high borrowing rates and a strong base effect. Overall, Tata Motors' CV domestic business increased by 22% in FY23 compared to FY22.
Smarter technologies and additional features will enable commercial vehicles to achieve even better performance. "With the government's continued emphasis on infrastructure development, we remain confident about overall CV demand in FY24," Tata Motors Executive Director Girish Wagh said.
CMV360 Weekly Wrap-Up | 20th–26th July 2025: Delhi’s New ATC, Tata’s SCV Push, Zuperia EV Launch, ₹500 Cr E-Truck Boost, AI Tractor Unveiled & LMV Ruling
Delhi's new ATC, Tata’s SCV push, AI tractor launch, and fresh EV incentives drive this week’s mobility and farming news....
26-Jul-25 04:45 AM
Read Full NewsPM E-Drive Scheme for Electric Trucks: 5,600 Vehicles to Get Incentives in FY2026
The PM E-Drive scheme aims to boost electric truck adoption in India with ₹500 crore support, offering cost savings, infrastructure growth, and cleaner freight mobility....
25-Jul-25 10:23 AM
Read Full NewsVolvo Becomes Sole Bidder for Tamil Nadu’s Premium Bus Tender
Volvo emerges as the sole bidder for SETC’s tender to supply 20 high-spec multi-axle AC buses, aiming to boost Tamil Nadu’s premium intercity transport services....
25-Jul-25 07:47 AM
Read Full NewsGreaves Launches Eltra City XTRA Electric 3-Wheeler With Record Range and Smart Features
Greaves unveils Eltra City XTRA electric 3W with record range, smart features, and safety for urban transport....
25-Jul-25 07:15 AM
Read Full NewsPiaggio Launches Two New Electric Three-Wheelers for Urban Mobility
Piaggio launches Apé E-City Ultra and FX Maxx electric three-wheelers with high range, tech features, and affordable pricing for urban last-mile mobility in India....
25-Jul-25 06:20 AM
Read Full NewsTata Motors Trains First All-Girls Tribal Batch in Motor Mechanics in Jharkhand
Tata Motors trains and certifies its first all-girls tribal batch in motor mechanics in Jharkhand under the Kaushalya Programme, marking a new step in empowering underser...
24-Jul-25 08:10 AM
Read Full NewsAd
Ad
Best Mahindra 12 WHEELER Truck in India for Heavy Loads
24-Jul-2025
Tata ACE Pro Truck: One Truck, Three Power Options, Endless Possibilities
01-Jul-2025
Which Truck Chassis Suits You Best? Types, Uses, and Choosing Tips
20-Jun-2025
Top 5 Tata Ace Trucks in India in 2025
17-Jun-2025
Mahindra Veero in India: Go "Soch Se Aage" in 2025
16-Jun-2025
Tata 1816 LPT: One of the Best Tata Trucks in India
13-Jun-2025
View All articles