Highlights

  • In December 2021, Hyundai recorded low sale
  • Tata Motors has defeated Hyundai by good 1,048 units

Latest news

New Zealand falls into recession with abrupt economic slowdown

New Zealand falls into recession with abrupt economic slowdown

Fadnavis and Shinde Pay Tribute at RSS Founders' Memorials in Nagpur, Meet Office-Bearers

Fadnavis and Shinde Pay Tribute at RSS Founders' Memorials in Nagpur, Meet Office-Bearers

Traffic to be affected at Kalindi Kunj junction due to Delhi-Mumbai Expressway construction

Traffic to be affected at Kalindi Kunj junction due to Delhi-Mumbai Expressway construction

Manipur: Security forces bust camps of two banned militant organisations

Manipur: Security forces bust camps of two banned militant organisations

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

13 dead, 99 rescued after Navy boat rams into ferry off Mumbai coast

13 dead, 99 rescued after Navy boat rams into ferry off Mumbai coast

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

5 terrorists killed in encounter with security forces in Jammu and Kashmir

5 terrorists killed in encounter with security forces in Jammu and Kashmir

Tata Motors overtakes Hyundai to become India’s 2nd leading car market

Hyundai has lost its number 2 spot to Tata Motors for the second time in last 6 months

Tata Motors overtakes Hyundai to become India’s 2nd leading car market

Homegrown, Tata Motors has become the 2nd largest carmaker in the month of May 2022.

According to reports, Tata Motors' total sales jumped to 43,341 units while Hyundai’s total domestic sales for the month of May 2022 stood at 42,293.

The company's domestic sales increased three folds to 74,755 units from 24,552 units in May 2021, Tata Motors said in a statement.

Also read/watch| $50 million hit to Citi, another victim of the 'Fat-Finger Trade'

Total passenger vehicle dispatches to dealers more than doubled to 43,341 units as against 15,181 units in the year-ago month.

Similarly, domestic commercial vehicle sales surged to 31,414 units last month against 9,371 units in the same period last year.

This is the company's highest ever monthly sales since inception – PV and EV domestic combined - led by robust dispatch of Nexon, Harrier and Safari.

The automajor also reported the highest ever dispatches of electric vehicles last month at 3,454 units, up from 476 units in the same period last year.

ADVERTISEMENT

Up Next

Tata Motors overtakes Hyundai to become India’s 2nd leading car market

Tata Motors overtakes Hyundai to become India’s 2nd leading car market

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

ADVERTISEMENT

editorji-whatsApp

More videos

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

 Indian Markets Open Lower Amid Caution Ahead of U.S. Federal Reserve Meeting

Indian Markets Open Lower Amid Caution Ahead of U.S. Federal Reserve Meeting

Five of top-10 most valued firms together add Rs 1.13 lakh Crore in market valuation

Five of top-10 most valued firms together add Rs 1.13 lakh Crore in market valuation

Airlines are price takers, they do not have influence on prices they pay: IATA Chief Economist

Airlines are price takers, they do not have influence on prices they pay: IATA Chief Economist

India’s import of Russian oil drops in November on shrinking discounts

India’s import of Russian oil drops in November on shrinking discounts

Auto Expo to see highest-ever participation of vehicle manufacturers: SIAM

Auto Expo to see highest-ever participation of vehicle manufacturers: SIAM

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.