Tata Motors Becomes 2nd Largest Carmaker In India; Hyundai Takes The 3rd Spot

Tata Motors Passenger Vehicles sold a total of 43,341 vehicles in India in May 2022, registering its highest-ever monthly sales. With this number, Tata Motors has become the 2nd largest carmaker in India for the month of May. Out of the total vehicles sold, the company had sold 3,454 electric vehicles including the Nexon EV and Tigor EV.

Compared to May 2021, Tata Motors' passenger vehicle sales in May 2022, are up by a massive 185 per cent YOY (Year-Over-Year). In May 2021, the company managed to sell just 15,181 passenger vehicles. Tata Motors' EV sales are also up by a massive 626 percent. The company sold 3,454 EVs in May 2022 compared to 436 units in May 2021. The company's booming EV sales can be attributed to the popularity of the Nexon EV, Tigor EV and the recently-launched Nexon EV Max.

On the other hand, Hyundai Motor India (HMI) with a recorded cumulative sales of 51 263 units for the month of May 2022, stood third. Both HMI plants in Chennai observed the scheduled biannual maintenance shut down leading to no production for 6 days in the month (16th May to 21st May). This reduced the vehicle availability in the month affecting May sales numbers (domestic as well as exports).

This is the second time Tata Motors has overtaken Hyundai Motor India to become the second-largest carmaker in the county. The first time happened back in December 2021.Similarly, Maruti Suzuki, India's no.1 carmaker, sold a total of 161,413 units in May 2022. "The sales figures for May 2022 are not comparable with that of May 2021 as the operations of the Company in May 2021 were significantly affected due to COVID-19 related disruptions," said the company in a statement.