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Tata Motors only 9,220 units behind Hyundai India halfway into FY2023

The battle for No. 2 position in the PV market hots up with Tata, which is aiming for 500,000-unit sales in FY2023, hot on the Korean carmaker’s heels.

By Ajit Dalvi

10 Jan 2023

15912 Views

Tata Motors, with 275,785 units sold in the first six months of FY2022, is hot on Hyundai Motor India’s (285,005 units) heels and has also increased its PV market share to over 14 percent.

With SIAM releasing India Auto Inc’s half-year wholesales numbers which at 1,09,88,305 units, constitute strong double-digit growth of 32% year on year, vehicle segment-wise analysis throws up some interesting revelations.

September 2022, with 355,043 units, was the best-ever month for the Indian PV industry, a number which could just be bettered by the festive month of October which saw Navratri in its first half and has Diwali in the second half.

The passenger vehicle industry, which is on a roll, clocked wholesales of 19,36,740 units, which is 40% YoY growth (H1 FY2022: 13,87,714). Of the 15 OEMs ...

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