Tata Motors takes the lead in UV market share in Q1 FY2023
FY2022’s No. 3 utility player Tata Motors has taken No. 1 position in the April-June quarter with 87,943 units and 19% market share, ahead of Maruti Suzuki, Mahindra and Hyundai.
20 Jul 2022
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India's booming UV market saw total sales of 464,558 units in April-June 2022, up 62% YoY. Tata Motors with 87,943 units has taken 18.93% of the UV market.
Tata Motors is on a roll and how. The company, which roared out of FY2022 with a sterling performance, has recorded sales of 131,940 passenger vehicles (PV) in the April-June 2022 quarter, up 103% on year-ago numbers. Powering this performance is its utility vehicle portfolio which has contributed 87,943 units or 66.65% of its PV sales in the first quarter of FY2023.
As per the Q1 FY2023 wholesales data released by SIAM earlier this month, Tata Motors has despatched a total of 87,943 UVs, which is a handsome 181% YoY increase over Q1 FY2022’s 31,303 units. Interestingly, when comparing ...
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