Tata Motors

Tata Motors reported robust 49.2% Y-o-Y growth in total volumes, with the passenger vehicles (PV) segment leading with 68.1% Y-o-Y growth during the month. Growth in the PV segment was aided by the 82.1% Y-o-Y increase in the cars category, as Manza continued to register good volumes. The commercial vehicles (CV) space grew by 37.4% on the back of strong growth in the medium and heavy commercial vehicles (M&HCV) segment, which grew by 50.1% Y-o-Y. Exports also boosted the company's performance as it reported 138% Y-o-Y growth partially due to a low base.