Tata Motors expects record sales in 2024

The carmaker is said to be looking to grow sales by 10% in 2024.

Tata Motors expects to set new sales records in 2024. According to the company, both the calendar and fiscal year will be its best ever in terms of sales volume, as new models are introduced in the EV and ICE space.

Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility said, “We expect next year to be much more promising as we completely revamp our portfolio with the addition of two to three new models which will include facelifts and a new nameplate in the ICE and EV segments.”

Chandra added that Tata Motors’ growth will be faster than the industry. The carmaker is said to be looking to grow sales by 10% in 2024. It expects to sell 5,50,000 units in 2023 with a growth of 5%.

Tata Motors recently introduced the Nexon and Nexon.ev facelifts along with the updated Harrier and Safari. The company has also lined up electrified versions of the Harrier and Punch as well as the Curvv SUV and is on track to roll out 10 EV models by 2026.

Source: ET Auto