India’s third largest carmaker – Tata Motors registered domestic sales at 150,958 units in Q3 FY21, up by 41% over Q2 FY21 and by 24% over Q3 FY20. In Q3 FY21, passenger vehicle (PV) segment registered a growth of 89% as compared to Q3 FY20 – the highest ever sales in the last 33 quarters. The company’s wholesale sales were higher by 84% in Dec’20 compared to Dec’19 while retail sales were 18% higher than wholesale for the month. The PV industry continued to grow robustly in Q3 FY’21, owing to pent up demand, strong festive season and shift towards personal mobility.
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