Tata Motors posted 48,133 units sales in October 2024 which is down from last year with Punch sales growing along with newly launched Curvv posting good sales!
Tata Motors’ sales performance in October 2024 remained largely stable compared to the previous year. The company posted a total of 48,133 units sold, which is a slight dip of 0.43% from the 48,343 units sold in October 2023. However, when compared to September 2024, Tata Motors saw a significant month-on-month (MoM) growth of 17.21%, as sales surged from 41,065 units in the previous month.
Year-on-Year (YoY) Sales Performance
| Tata Model | Oct 2024 Sales | Oct 2023 Sales | YoY Diff | Growth YoY |
|---|---|---|---|---|
| Punch | 15,740 | 15,317 | +423 | |
| Nexon | 14,759 | 16,887 | -2,128 | |
| Curvv | 5,351 | 0 | +5,351 | |
| Tiago | 4,682 | 5,356 | -674 | |
| Altroz | 2,642 | 5,984 | -3,342 | |
| Safari | 2,086 | 1,340 | +746 | |
| Harrier | 1,947 | 1,896 | +51 | |
| Tigor | 926 | 1,563 | -637 | |
| Total | 48,133 | 48,343 | -210 |
In October 2024, Tata Motors reported largely flat year-on-year (YoY) sales with 48,133 units sold, showing only a slight drop from 48,343 units in October 2023. The company continues to rank as the fourth-largest automaker in India, holding a 12.1% market share, which is a marginal decline from 12.4% in October 2023.
The Tata Punch, which has consistently driven the company’s sales, recorded 15,740 units in October 2024, marking a modest 3% YoY growth from 15,317 units sold last October. This compact SUV remains in high demand, particularly for its sunroof-equipped variants, as Tata Motors phased out select petrol and CNG variants.
Following the Punch, the Tata Nexon registered 14,759 units sold in October 2024, down 13% from 16,887 units in the same month last year. Despite this setback, the Nexon remains one of Tata’s best-sellers.
The recently launched Tata Curvv is showing promising traction, with 5,351 units sold in October 2024. Its strong safety rating and innovative design have likely contributed to its positive reception since launch.
Among the hatchbacks, the Tata Tiago faced a 13% YoY decline, with 4,682 units sold compared to 5,356 units in October 2023. The Tata Altroz saw an even sharper drop, down 56% YoY, selling 2,642 units versus 5,984 units in October last year.
In the SUV segment, both the Tata Safari and Tata Harrier recorded gains. The Safari’s sales surged by 56% YoY to 2,086 units from 1,340 units in October 2023, while the Harrier saw a 3% increase with 1,947 units sold, up slightly from 1,896 units in the same period last year.
Meanwhile, the Tata Tigor struggled with a significant 41% YoY decrease, with sales dropping to 926 units in October 2024 from 1,563 units the previous year.
Month-on-Month (MoM) Sales Performance
| Tata Model | Oct 2024 Sales | Sep 2024 Sales | MoM Difference | MoM Growth % |
|---|---|---|---|---|
| Punch | 15,740 | 13,711 | +2,029 | +14.80% |
| Nexon | 14,759 | 11,470 | +3,289 | +28.67% |
| Curvv | 5,351 | 4,763 | +588 | +12.35% |
| Tiago | 4,682 | 4,225 | +457 | +10.82% |
| Altroz | 2,642 | 2,758 | -116 | -4.21% |
| Safari | 2,086 | 1,644 | +442 | +26.89% |
| Harrier | 1,947 | 1,600 | +347 | +21.69% |
| Tigor | 926 | 894 | +32 | +3.58% |
| Total | 48,133 | 41,065 | +7,068 | +17.21% |
On a month-on-month (MoM) basis, Tata Motors witnessed an overall sales increase of 17% in October 2024, up from 41,065 units sold in September 2024. This positive growth indicates improved consumer demand as the festive season in India bolstered market sentiment.
The Tata Punch led the month’s gains with a 15% MoM increase, reaching 15,740 units in October 2024 from 13,711 units in September. Similarly, the Tata Nexon saw a robust MoM recovery, with a 29% jump to 14,759 units from 11,470 units in September 2024.
The Tata Curvv continued to gain traction, with its sales increasing by 12% MoM to 5,351 units, up from 4,763 units in September. This steady climb highlights the strong consumer interest in the new coupe-SUV offering.
Among the hatchbacks, the Tata Tiago saw an 11% MoM growth, selling 4,682 units in October, compared to 4,225 units in September. However, the Tata Altroz recorded a minor decline of 4% MoM, with 2,642 units sold versus 2,758 units in September.
Tata’s SUV lineup also saw notable MoM gains, with the Tata Safari rising by 27% to 2,086 units from 1,644 units in September. The Tata Harrier experienced a 22% increase, with 1,947 units sold in October compared to 1,600 units in the previous month.
Despite challenging YoY conditions, the Tata Tigor managed a slight MoM improvement, growing by 4% from 894 units in September to 926 units in October 2024.
In summary, Tata Motors achieved strong MoM growth across most models in October 2024, even as YoY performance remained largely flat. The festive season appears to have driven demand, particularly for popular models like the Punch, Nexon, Curvv, Safari, and Harrier. However, challenges remain for certain models such as the Altroz and Tigor, which face declining sales momentum.
