Tata Motors November 2024 sales analysis — End of festive season decline

With the end of this year’s festive season, car sales in India have started coming back to regular numbers. Tata Motors has witnessed a marginal increase in sales when compared to the same month last year. Here are more details about the Tata Motors November 2024 sales figures along with month-on-month and year-on-year comparison.

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Tata Motors sales November 2024

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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.

MoM and YoY analysis

Month-on-month sales naturally saw a decline as the festive season in India came to an end. Overall decline stood at 9.6% with both domestic and international sales contributing to this fall. Year-on-year sales grew by a marginal 0.8% due to a rise in domestic sales, but exports slightly declined in the same period.

Tata Motors passenger vehicle sales

Tata Motors saw a 2% increase in domestic passenger vehicle sales, and a 28% fall in exports, resulting in a net domestic growth of 2%. Talking about electric vehicle sales, the carmaker witnessed a 9% growth accounting for both domestic and international sales.

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Tata Motors commercial vehicle sales

Sales of Tata commercial vehicles continue to fall, with a net decline of 1% in November 2024. Exports saw a stagnant growth. Sales of passenger carriers rose significantly by 42%, but other segments brought down the net sales into the red area.