Vehicle Sales Figure Is Up By 15% In July Month

The automobile companies of the country have released the vehicle sales figures for July. Sales of most auto companies increased in July.
Vehicle Sales Figure Is Up By 15% In July Month
Maruti and Mahindra's shares jumped along with Tata Motors.

The automobile companies of the country have released the vehicle sales figures for July. Sales of most auto companies increased in July. A total of over 3.24 lakh vehicles were sold in July, which is 15% higher than the July sales of 2021.

This is the reason why auto stocks dominated the stock market on Monday. The Nifty Auto index gained nearly 3%. Maruti and Mahindra's shares jumped along with Tata Motors.

Tata Motors car sales up 51%

Tata Motors sold a total of 81,790 vehicles in the domestic and international markets in July, up 51% from the same period last year. The company's sales in the domestic market grew by 57%.

On the other hand, Maruti sold 1.75 lakh vehicles with a growth of 8.3%, from 1.62 lakh in July 2021. Tata Motors' EV sales figure was the highest at 4022.

Total sales company number increase

Maruti Suzuki:

1,75,910 8.3%

Tata Motors:

81,790 51%

Mahindra & Mahindra:

56,148 30%

Hyundai:

50,500 5.1%

Kia Motors:

22,022 47%

Ashok Leyland:

13,625 58%

(an increase from July 2021)

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