Sales volumes for Tata Motors FY 2023, by region
Tata Motors had the highest sales volume in India, with 933 thousand units of vehicles being sold in fiscal year 2023. This was followed by China and North America, which were distant second and third, respectively. Tata Motors faced multiple challenges in 2020 and 2021. Some of these were the downturn of the automotive industry due to the slowing economy, liquidity crises, changes in axle load norms, shortage of steel an semiconductors, transition to new emission standards, uncertainty arising due to Brexit, and the COVID-19 pandemic.
