Tata Motors' combined sales from domestic and international markets recorded 82,682 units in October 2024, down from 82,954 units in October 2023. Domestic sales totalled 80,839 units, just 14 units higher than the 80,825 units sold in October 2023. Overall, YOY growth remained flat, showing no significant changes.
The passenger vehicle segment, including ICE and EVs, recorded total sales of 48,131 units in October 2024, compared to 48,337 units in October 2023, showing 0% year-over-year growth.
The passenger vehicle (PV) domestic sales and international business combined recorded 48,423 units in October 2024, compared to 48,637 units in October 2023.
Tata Motors recorded total domestic sales of Medium and Heavy Commercial Vehicles (MH&ICV) in October 2024, which included trucks and buses, amounting to 15,574 units. Additionally, the total sales for MH&ICV, encompassing both domestic and international business, reached 16,274 units in October 2024.
Tata Motors' sales growth for October 2024 in the commercial vehicles segment reached 32,708 units, compared to 32,488 units in October 2023, reflecting a modest growth of just 1%.
However, international business sales of commercial vehicles declined by 15%, recording 1,551 units in October 2024 compared to 1,829 units in October 2023.