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Tata August 2024 sales - Passenger vehicle sales fall by 3%

05 Sept 2024
2 Mins Read
Key highlights
  • 1
    Passenger vehicle domestic sales took a 3% hit from August last year
  • 2
    A declining trend was seen in both month-on-month and year-on-year sales
  • 3
    Tata Motors sold a total of 71,693 vehicles in August 2024
Outline

It’s not just Hyundai or Maruti Suzuki whose sales took a hit in the month of August 2024. Tata Motors was another top-selling brand that witnessed a decline in sales last month. The decline was seen across passenger vehicles as well as commercial vehicles in terms of both domestic sales and exports. Here’s a detailed report on Tata August 2024 sales.

 

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Tata August 2024 sales 

 

Maruti Suzuki India Limited SalesAugust 2024July 2024Difference MoM
Domestic70,00670,161-155
Export1,6871,835-148
Total71,69371,996-303

 

Maruti Suzuki India Limited SalesAugust 2024August 2023Difference YoY
Domestic70,00676,261-6,255
Export1,6871,749-62
Total71,69378,010-6,317

 

Please note that the sales numbers stated above reflect the number of units dispatched to dealers and they might vary from the actual number of units sold by dealerships. Furthermore, these numbers include sales of both passenger vehicles as well as commercial vehicles.

 

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MoM and YoY analysis

 

Tata Motors saw a decline in sales as compared to both last month as well as the same month last year. Total sales dropped by a negligible margin of 313 units from July 2024. But, when compared to August 2023, the sales declined by a significant 8.1%. A major decline in domestic sales contributed the most to this trend.

 

tata nexon ev front exterior

 

Tata Motors passenger vehicle sales

 

In the month of August 2024, Tata Motors sold 44,142 cars in the Indian market, which include ICE vehicles as well as EVs. This was a 3% decline from last year. Exports to other countries stood at 344 units. Total Tata electric vehicle sales stood at 5,935 units, including domestic as well as international sales. 

 

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Tata Motors commercial vehicle sales

 

During the same period, commercial vehicle sales declined by 15%. Domestic commercial vehicle sales stood at 25,864 units and exports contributed to another 1,343 units, reaching a total commercial sales figure of 27,207 units. Exports rose marginally by 14 units and the sale of passenger carriers saw a good 14% growth. Rest of the segments witnessed a decline in sales.