Mumbai – Tata Motors Limited reported total sales of 74,753 vehicles across domestic and international markets for November 2024, reflecting a marginal increase from the 74,172 units sold in the same month last year.
Passenger Vehicles Show Modest Growth
The company’s passenger vehicle (PV) segment registered a total of 47,117 units, marking a 2% year-on-year (YoY) growth. This steady performance underscores Tata Motors’ commitment to sustaining its stronghold in the domestic PV market.
Commercial Vehicles Experience Mixed Trends
In the commercial vehicle (CV) category, the company sold 27,636 units in November 2024, showing a slight 1% YoY decline. However, sales in the Medium and Heavy Commercial Vehicle (MH&ICV) segment remained robust:
- Domestic MH&ICV sales, including trucks and buses, totaled 12,481 units, up from 12,303 units in November 2023.
- Combined domestic and international sales of MH&ICV vehicles reached 13,230 units, showing growth from 12,895 units in the same period last year.
Balancing Growth and Challenges
Tata Motors continues to navigate a dynamic market landscape, balancing growth in the passenger vehicle sector with strategic adjustments in its commercial vehicle operations. These figures highlight the company’s resilience in both domestic and global markets amid evolving consumer demands and economic factors.
As the year draws to a close, Tata Motors looks poised to build on its strengths while addressing challenges in key segments.
- Domestic Sales Performance:
| Category | November 2024 | November 2023 | % change (Y-o-Y) |
| Total Domestic Sales | 73,246 | 72,647 | 1% |
- Commercial Vehicles:
| Category | November 2024 | November 2023 | Growth (Y-o-Y) |
| HCV Trucks | 7,586 | 8,253 | -8% |
| ILMCV Trucks | 4,374 | 4,385 | 0% |
| Passenger Carriers | 3,022 | 2,130 | 42% |
| SCV cargo and pickup | 11,201 | 11,811 | -5% |
| CV Domestic | 26,183 | 26,579 | -1% |
| CV IB | 1,453 | 1,450 | 0% |
| Total CV | 27,636 | 28,029 | -1% |
- Passenger Vehicles:
| Category | November 2024 | November 2023 | Growth (Y-o-Y) |
| Total PV Domestic (includes EV) | 47,063 | 46,068 | 2% |
| PV IB | 54 | 75 | -28% |
| Total PV (includes EV) | 47,117 | 46,143 | 2% |
| EV (IB + Domestic) | 5202 | 4,761 | 9% |
Includes sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiaries of Tata Motors Limited.
