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01 Jan 2024

Tata Witnessed a 1% Growth in Total CV Sales for Dec 2023, Selling 32,668 Domestic Trucks

By News Date 01 Jan 2024

Tata Witnessed a 1% Growth in Total CV Sales for Dec 2023, Selling 32,668 Domestic Trucks

The CV Exports & Passenger Carriers divisions of the brand concluded the month as the top gainers, achieving growth rates of 52% and 14%, respectively.

In December 2023, Tata Motors, a major Indian commercial vehicle manufacturer, released its sales figures. Overall, the company saw a 1% decrease in domestic sales compared to December 2022, selling 32,668 commercial vehicles (CVs).

Category-wise Tata Motors Truck Sales Report for December 2023

Here, we have the total sales report for December 2023, which includes all the classifications.

Tata Motors Truck Sales Report, December 2023 

HCV Category (Heavy Commercial Vehicle):-

The HCV (Heavy Commercial Vehicles) category of Tata Motors recorded a 10% hike in December 2023 sales. The brand sold 11,199 units last month, which closed at 10,178 units in Dec 2022.

ILMCV Category (Intermediate, Light & Medium Commercial Vehicles):-

The sales of the ILMCV (Intermediate, Light & Medium Commercial Vehicles) segment of Tata Motors also ended positively, with an 8% growth. The brand had 5,675 sales units in December 2023, compared to 5,225 in Dec 2022.

Passenger Carriers (PC) Category:-

The Passenger Carriers section of the brand has become the constant ranker. Tata Motors sold 3,060 passenger carrier units in December 2023, compared to 2,694 in Dec 2022. As a result, the sales numbers surged by 14%.

SCV Cargo and Pickup:-

Tata has a good market share in the small commercial vehicle cargo and pickup segment. Furthermore, the brand experienced a -14% drop in December 2023 sales. In Dec 2022, the brand sold 14,827 units of SCV and Pickup, which decreased to 12,734 units in December 2023. 

CV Exports:-

The performance of the brand increased in export sales. The brand sold 995 units of CV in Dec 2022, which increased to 1,512 units in December 2023. As a result, its sales increased by 52% this month.

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