Tata Motors pushed back Hyundai.. How are the sales in February? | Telugu News


Hyundai Vs Tata Motors: Tata Motors pushed back Hyundai.. How are the sales in February?

Hyundai Vs Tata Motors : The tastes of car consumers are changing day by day. So they want new generation cars. In this background, some companies bring new models in the market with new features and impressive designs to attract consumers. As these competing cars are produced, some cars are changing their positions. Hyundai company was second after Maruti with highest sales. But now the company has been replaced by Tata Motors. In January and February, it sold the highest amount and pushed back Hyundai.

Domestic car consumers are increasingly looking towards India cars. Tata Motors, one of the leading car companies in the country, has seen a surge in sales over the past two months. It sold 51,321 units in the month of February 2024. However, Hyundai Company sold 50,201 cars. Tata Motors sold 79,705 units in February 2023. Hyundai celebrated 57,851 sales that year. Tata Motors has gained the upper hand over Hyundai despite the decline in sales this year compared to last year.

In February 2024, overall sales grew by 8.4 percent. In terms of exports, it sold 86,406 vehicles. 79,705 in the same month last year. Hyundai has sold 10,300 units in February 2024. It registered a decline of 5.8 percent compared to last year. That means Hyundai is facing losses in terms of exports as well. At this point in three months, Hyundai lost its 2nd position to compete with Tata Motors.

Tata Motors is making headway in the electric segment as well. Tata Motors registered a growth of 30 percent in the month of February. The company sold 6,923 vehicles last month. It sold 5,318 units in the same month last year. Overall, Tata Motors continues to increase its unit sales.

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