Tata Motors bought 1,000-odd models greater than its Korean rival to take the second spot on the brand-wise month-to-month gross sales chart

If you’ve got been following the Indian automobile gross sales carefully lately, you’ll have seen that Tata Motors – which is often positioned third on the brand-wise gross sales chart – has been catching as much as the second spot that has been comfortably occupied by Hyundai for many years. In the final couple of years, the Indian carmaker has even gotten forward of the Korean large a few occasions, when it comes to month-to-month gross sales. It has occurred but once more in February 2024 automobile gross sales, which is simply the fourth time ever.

Hyundai vs Tata: Feb ’24 Sales Comparison

• Tata managed to beat Hyundai in February 2024 gross sales by 1,000-odd models.

• The Indian marque’s year-on-year (YoY) gross sales shot up by almost 20 p.c.

• A major share of Tata’s complete automobile gross sales was marked by its EV vary (almost 7,000 models), which elevated by 30 p.c YoY.

• Hyundai, however, recorded a YoY improve of virtually seven p.c in February 2024.

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Factors Leading To Such High Sales Numbers

From the numbers above, it’s clear that Tata’s EVs have a noteworthy contribution in month-to-month gross sales because the nation’s chief in electrical vehicles. Another motive for Tata’s leap over its Korean rival has been doable due to the latest launches just like the Punch EV and the facelifted Nexon EV. Even its inside combustion engine (ICE) portfolio has a powerful demand, with the Nexon and Punch regularly that includes within the listing of the highest 10 promoting vehicles each month.

On the opposite hand, Hyundai has cited that it recorded complete gross sales of over 15,000 models of the facelifted Creta in February 2024, which is the very best month-to-month gross sales determine for the nameplate since its inception in 2015. Another robust quantity puller for the Korean marque is prone to be the Exter and Venue duo, each which common properly over 5,000 models in MoM gross sales. While vital, their numbers fall wanting their Tata rivals, i.e. the Punch and Nexon respectively.

What’s Next For The Two Brands?

Tata has already launched the Punch EV in January 2024, and is planning an electrical SUV offensive for the remainder of the 12 months, which incorporates the Curvv and Harrier EVs. Hyundai however, is gearing as much as launch the Creta N Line on March 11. Other anticipated Hyundai vehicles to hit the Indian market in 2024 embody the facelifted Alcazar and the Ioniq 6.

With each carmakers additionally engaged on increasing their manufacturing capacities, given Tata’s wider vary of mass-market SUV choices, we anticipate it’s a matter of time earlier than the Indian carmaker regularly occupies the second-spot in Indian month-to-month automobile gross sales.

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