Mumbai, June 1, 2024: Tata Motors Limited announced a strong sales performance for May 2024, with total sales reaching 76,766 units in both domestic and international markets. This marks an increase from the 74,973 units sold in May 2023.
The company registered total commercial vehicle (CV) sales of 29,691 units, reflecting a 2% year-on-year (YoY) growth. In the passenger vehicle (PV) segment, Tata Motors sold 47,075 units, also achieving a 2% YoY increase.
In the domestic market, sales of medium and heavy commercial vehicles (MH&ICV), including trucks and buses, stood at 12,987 units in May 2024, compared to 11,776 units in May 2023. The total sales for MH&ICV in both domestic and international markets combined reached 13,532 units, up from 12,292 units in May 2023.
Tata Motors continues to show strong performance across its vehicle segments, indicating robust demand and market presence.
Domestic Sales Performance:
| Category | May 2024 | May 2023 | % change (Y-o-Y) |
| Total Domestic Sales | 75,173 | 73,448 | 2% |
Commercial Vehicles:
| Category | May 2024 | May 2023 | Growth (Y-o-Y) |
| HCV Trucks | 7,924 | 8,160 | -3% |
| ILMCV Trucks | 4,478 | 3,450 | 30% |
| Passenger Carriers | 4,737 | 3,874 | 22% |
| SCV cargo and pickup | 11,337 | 12,086 | -6% |
| CV Domestic | 28,476 | 27,570 | 3% |
| CV IB | 1,215 | 1,419 | -14% |
| Total CV | 29,691 | 28,989 | 2% |
Passenger Vehicles:
| Category | May 2024 | May 2023 | Growth (Y-o-Y) |
| Total PV Domestic (includes EV) | 46,697 | 45,878 | 2% |
| PV IB | 378 | 106 | 257% |
| Total PV (includes EV) | 47,075 | 45,984 | 2% |
| EV (IB + Domestic) | 5,558 | 5,805 | -4% |
