Tata Sales November 2024 – YoY Growth, Monthly Decline, PV, CV, Domestic, Exports

Tata Motors’ passenger vehicle sales, which also include its electric vehicle range, improved by 2% year-on-year to 47,117 units in November 2024.

The Indian automobile sector saw mixed performance in November 2024. Some segments recorded significant growth while others saw some decline, bogged down by market challenges and falling demand. While Tata’s passenger vehicles have seen positive response, the utility vehicle segment has faced some trials.

Tata PV sales November 2024

Tata Motors recorded marginal growth in November 2024. Sales in domestic and global markets stood at 74,753 units in the last month compared to 74,172 units sold in November 2023. In domestic markets, vehicle sales tourism totaled 47,063 units, an improvement of 2.16%. out of 46,068 units sold in November 2023.

On a monthly basis, sales suffered a decline of 2.22% compared to 48,131 units sold in October 2024. In global markets, Tata Motors saw a 28% decline in demand year-on-year, to just 54 units. 75 units were shipped in November 2023. The company offers a wide range of electric vehicles.

Tata saw its total EV sales reach 5,202 units in the past month, a growth of 9.26% from the 4,761 units sold in November 2023. This brought the total PV sales, including domestic and export sales, at 47,117 units, an increase of 2.11% compared to the 46,143 units sold in November 2023. November 2023.

Tata CV sales November 2024

In the company’s commercial vehicle (CV) segment, HCV truck sales suffered an 8% year-on-year decline to 7,586 units in November 2024, compared to 8,253 units sold in November 2023. Truck sales ILMCV remained stable, amounting to 4,374 units during the month. last month, compared to 4,285 units sold in the same month last year.

An overwhelming response was seen for the company’s passenger carrier segment. Sales increased 42% to 3,022 units in November 2024, compared to 2,130 units sold in November 2023. This is a 5% year-on-year decline for the SCV cargo and pickup trucks. business. Sales decreased to 11,201 units in November 2024, compared to 11,811 units sold in November 2023. This brought total domestic CV sales to 26,183 units, down 1% year-over-year from 26,579 units sold in November 2023.

Exports also remained stable with 1,453 units exported last month, an increase of only 3 units in volume compared to the 1,450 units shipped in November 2023. Total CV sales thus saw a decline of 1% year-on-year. year at 27,636 units. In terms of volumes, this was only 393 units out of 28,029 units sold in November 2023.

In the passenger vehicle segment, Tata Motors has big plans ahead. The Tata Tiago and Tigor facelifts are in the pipeline, with a launch planned for early 2025. The 2025 Tata Sierra has also been spied testing. It will be presented in ICE and EV formats. The company has also seen increased demand for the recently launched Curvv EV and ICE, which is why more variants of this compact SUV are planned.