These Two Companies Record car Sales: The semiconductor chip crisis is gradually subsiding. In such a situation, car manufacturers’ sales are also increasing. Toyota and Tata Motors both reported strong sales in July. In July 2022, both of these companies reported the highest-ever sales of their vehicles. Mahindra, Kia, and Skoda, on the other hand, have reported positive sales figures. While Maruti Suzuki and Hyundai Motors, which are ranked first and second, have seen a slight increase. Some businesses also saw a decrease in sales. We’re going to tell you about Tata and Toyota’s sales.
These two Businesses broke every record.
In July 2022, Tata Motors sold 47,505 vehicles. This is Tata’s best month ever in terms of sales. In the same month last year, the company sold 30,187 units. Tata has thus achieved a 57 percent annual growth rate.
Tata Motors is unique in that, in addition to gasoline and diesel, it also sells CNG and electric vehicles. The Tata Nexon SUV is still the best-selling vehicle in the country. Nexon was sold in 14,224 units during the month of July.
Toyota increased its market share by 50%.
Toyota, like Tata, expects 50 percent annual growth in July 2022. Last month, the company sold 19,693 units. This is the company’s highest monthly sales in India to date. Toyota sold 13,105 units in July of last year. Toyota claims that the Innova Crysta and Fortuner are the company’s best-selling vehicles, but the Glanza and Urban Cruiser are also popular.
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