Tata Motors has reported its sales for the month of August 2021, and the company's total stood at 57,995 vehicles (domestic + exports), as against 36,505 units sold during August 2020. The automaker's domestic sales stood at 54,190 units in August this year, witnessing a 53 per cent growth over August 2020 when the company sold 35,420 units. In terms of the month on month volumes, Tata Motors recorded a 4 per cent hike in domestic sales when compared to July 2020.
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Electric vehicles witnessed a 234 per cent growth in sales year-on-year in August 2021
In the passenger vehicle segment, Tata sold a total of 28,018 units last month, witnessing a year-on-year growth of 51 per cent. Out of the total PV sales, internal combustion engine (ICE) cars contributed 26,996 units, registering a 48 per cent annual growth. However, it was the electric vehicle segment that saw a massive boost with 1022 units sold. While that number may seem minuscule, the company registered a 234 per cent growth in sales over August 2020. The EV segment witnessed a 69 per cent growth over July 2021, while PV sales declined by 7 per cent month-on-month.
The commercial vehicle segment saw the numbers in green once again last month as all segments registered an uptick in volumes. Total domestic CV sales stood at 26,172 units, registering a growth 55 per cent year-on-year, while CV exports stood at 3609 units with a growth of 243 per cent over August 2020. Total MHCV sales in August 2021 including MHCV trucks, buses and international business stood at 7,646 units, compared to 3,305 units in August 2020.
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Tata says the company's volumes will be constrained in the coming months due to the global semiconductor shortage
Tata Motors also said that the semiconductor shortage continues to impact the auto industry globally, which has been one of the contributing factors for constrained volumes. The company says it's 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" the automaker added.
