Nearly all Tata Motors vehicle dealers turn profitable after a decade

Tata Motors' diversification into multiple electrified models, which are priced on average Rs 3-3.5 lakh higher than traditional internal combustion engine models, has increased profit margins

Almost 99 per cent of Tata Motors passenger vehicle (PV) dealers have turned a profit for the first time in nearly a decade, according to a report in The Economic Times.

Only 43 per cent of the company’s dealers were profitable in the financial year 2019-20 (FY20), Tata Motors said in a presentation last week. Tata Motors had around 1410 outlets at the end of FY23.

A company dealer said it is the first time since 2012 that Tata dealers have seen such a good balance sheet. A consistent rise in sales volumes based on a year-on-year basis has led to