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

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Updated On: 02-Dec-2024 09:06 AM

Discover the latest sales insights from Tata Motors Limited! November 2024 sales: CV Domestic sales were 26,183 units.

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:

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%

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.