Tata Motors’ sales dip 11% Y-o-Y to 70,161 units in July 2024

The vehicle sales of Tata Motors for July 2024 declined to 71,996 units compared to 80,633 units sold last year. The drop covers both domestic sales, which fell 11% to 70,161 units from 78,844, and commercial vehicles, selling 27,042 units, an 18% decline from 32,944 units last year.

In the passenger vehicle segment, including electric vehicles (EVs), sales also dipped by 6%, totalling 44,954 units compared to 47,689 units in the same period last year. Segment-specific declines were noted in the domestic sales of medium and heavy intermediate commercial vehicles (MH & ICV), including trucks and buses, which registered 11,174 units, down from 13,291 units in July last year.

“Total sales for MH & ICV domestic and international Business in July, including trucks and buses, stood at 11,886 units – compared to 13,830 units in July 2023,” the automaker informed.

For the April-June period of this fiscal year, global wholesale numbers for all Tata Motors’ commercial vehicles, including the Tata Daewoo range, reached 93,410 units, a 6% increase over Q1 FY24. However, global wholesale numbers for passenger vehicles, including EVs, were slightly down by 1%, to 138,682 units.

Sales figures for Q1 FY25 in both domestic and international markets stood at 229,891 vehicles, an increase from 226,245 units in Q1 FY24.