General Announcement::Tata Motors Monthly Sales August 2021
September 02, 2021 at 02:42 pm
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BSE Limited
Listing Compliance Department
First Floor, New Trading Ring
National Stock Exchange of India Ltd.
Rotunda Building, P J Towers,
Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Fort, Mumbai 400 001
Bandra (E), Mumbai 400 051
Kind Attn: Mr Khushro A. Bulsara
Kind Attn: Mr Lokesh Bhandari
General Manager & Head
Senior Manager
Listing Compliance & Legal Regulatory
Listing & Compliance
September 1, 2021
Sc no- 16488
Dear Sirs,
Sub: Press Release - Tata Motors Monthly Sales August 2021
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is a press release issued by the Company on the captioned subject, the content of which is self-explanatory.
This is for the information of the exchange and the members.
Yours faithfully,
Tata Motors Limited
Vispi S Patel
Deputy Company Secretary
Encl: As attached
Tata Motors registered domestic sales of 54,190 units in August 2021,
a growth of 53% over last year
Mumbai, September 1, 2021:
Tata Motors Limited sales in the domestic & international market for August 2021 stood at 57,995 vehicles, compared to 36,505 units during August 2020.
∙ Domestic Sales Performance:
Category
Aug 2021
July 2021
Aug 2020
% change
% change
(m-0-m)
(Y-0-Y)
Total Domestic Sales
54,190
51,981
35,420
4%
53%
∙ Domestic - Commercial Vehicles:
Category
Aug 2021
July 2021
Aug 2020
% change
% change
(m-0-m)
(Y-0-Y)
M&HCV
5,840
5,416
2,746
8%
113%
I & LCV
4,627
3,357
2,001
38%
131%
Passenger Carriers
850
825
720
3%
18%
SCV cargo and pickup
14,855
12,198
11,370
22%
31%
Total Domestic
26,172
21,796
16,837
20%
55%
CV Exports
3609
2,052
1,052
76%
243%
Total CV
29,781
23,848
17,889
25%
66%
Total MHCVs sale in August 2021 including M&HCV Truck, Buses and International Business stood at 7,646 units, compared to 3,305 units in August 2020.
Domestic - Passenger Vehicles:
Category
Aug 2021
July 2021
Aug 2020
% change
% change
(m-0-m)
(Y-0-Y)
PV ICE
26,996
29,581
18,277
-9%
48%
PV EV
1,022
604
306
69%
234%
Total PV
28,018
30,185
18,583
-7%
51%
Semiconductor shortage continues to impact the auto industry globally. The recent lockdowns in East Asia have worsened the supply situation and hence Tata Motors is forced to moderate production and offtake volumes in the coming months. The situation is fluid and we will continue to work to mitigate the impact of this and aim to meet our customer orders through an agile, multi-pronged approach including close engagement with our extended supply chain partners, procuring chipsets from the open market, using alternate chips and managing our model and trim mix.
Specifically, EV sales crossed a crucial threshold of 1000 units this month. The order book is strong and we aim to meet the robust demand to the best of our abilities despite the supply challenges.
- Ends-
Media Contact Information:
CINL28920MH1945PLC004520
Tata Motors Corporate Communications:
+91 22-66657613 /indiacorpcomm@tatamotors.com
To know more, please visit (www.tatamotors.com; also follow us on Twitter: https://twitter.com/TataMotors)
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Disclaimer
Tata Motors Limited published this content on 03 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 18:41:02 UTC.
Tata Motors Limited is the Indian leader in automotive construction. Net sales break down by activity as follows:
- sale of vehicles (83.6%): utility vehicles (366,909 units sold in 2020/21), commercial vehicles (257,136 sold) and passenger vehicles (213,738 units sold) marketed under the Tata, Fiat, Jaguar and Land Rover brands;
- sale of spare parts (9.9%);
- sales financing services (1.6%);
- other (4.9%): manufacturing of construction equipment, electronic and plastic components, etc.
Net sales are distributed geographically as follows: India (20.2%), the United Kingdom (14.9%), Europe (13.6%), the United States (18.8%), China (17.9%) and other (14.6%).