Tata Motors Sales Report November 2024: Domestic CV Sales Decline by 1%

Key Highlights:

• Tata Motors' domestic CV sales reached 26,183 units in November 2024, showing a slight 1% decline. 
• Sales of HCV Trucks dropped by 8%, with 7,586 units sold, down from 8,253 units last year. 
• Passenger Carriers saw a significant 42% growth, with 3,022 units sold, up from 2,130 units in November 2023. 
• SCV Cargo and Pickup sales decreased by 5%, with 11,201 units sold, compared to 11,811 units in the previous year. 
• International CV sales remained stable at 1,453 units, showing no change from the same period last year.

Tata Motors reported total domestic sales of 26,183 units in November 2024, a slight decrease from 26,579 units in November 2023, reflecting a decline of 1% year-over-year.

Tata Motors released its sales report for November 2024. Here are the key highlights:

HCV Trucks: Sold 7,586 units, down from 8,253 units in November 2023. There is an 8% decrease in YOY sales.

ILMCV Trucks: Sold 4,374 units in November 2024, down from 4,385 units last year. This shows no change in the YoY sales.

Passenger Carriers: Sold 3,022 units in November 2024, an increase from 2,130 units in November 2023, which shows a growth of 42% YoY.

SCV Cargo and Pickup: Sold 11,201 units, a decrease from 11,811 units last year, showing a decline of 5%.

Total CV Domestic Sales: Reached 26,183 units, slightly down from 26,579 units in November 2023, reflecting a decline of 1%.

CV International Business: Sold 1,453 units in November 2024, up from 1,450 units last year, reflecting a 0% year-over-year change.

Total CV Sales: Reached 27,636 units, compared to 28,029 units in November 2023, showing 1% decline in sales.

The domestic sales of Medium and Heavy Commercial Vehicles (MH&ICV) in November 2024 were 12,481 units, which is an increase from 12,303 units in November 2023.

Total sales for MH&ICV, including both domestic and international business, were 13,230 units in November 2024, compared to 12,895 units in November 2023.

Also Read: Tata Motors Sales Report October 2024: Domestic Commercial Vehicle Sales Grew by 1%

CMV360 Says

Tata Motors' sales in November 2024 show mixed results. Passenger carriers grew well, but heavy trucks and overall domestic sales dropped. This could be a challenge for the company. Tata Motors should focus on improving truck sales and keep innovating to stay competitive.