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May 2024 Tata Car Sales Analysis – YoY, MoM Change, 6-Month Trend

In this May 2024 Tata car sales analysis, we’ll look at the car sales of Tata for the previous month. We’ll also compare the YoY and MoM change to find out which Tata cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Tata cars.

May 2024 — Tata Car Sales Figures - YoY Change

Rank

Model

Body-Type

May 2024

May 2023

Change

%Change

1

Punch

SUV

18,949

11,124

7,825

70.34%

2

Nexon

SUV

11,457

14,423

-2,966

-20.56%

3

Tiago

Hatch

5,927

8,133

-2,206

-27.12%

4

Altroz

Hatch

4,983

5,420

-437

-8.06%

5

Tigor

Sedan

2,098

2,701

-603

-22.33%

6

Safari

SUV

1,661

1,776

-115

-6.48%

7

Harrier

SUV

1,625

2,303

-678

-29.44%

May 2024 — Tata Car Sales Figures - MoM Change

The table presents the month-over-month (MOM) sales data for various Tata models for May 2024 compared to April 2024, including the change in units sold, percentage change, and trends.

Rank

Model

Body-Type

May 2024

Apr 2024

Change

%Change

1

Punch

SUV

18,949

19,158

-209

-1.09%

2

Nexon

SUV

11,457

11,168

289

2.59%

3

Tiago

Hatch

5,927

6,796

-869

-12.79%

4

Altroz

Hatch

4,983

5,148

-165

-3.21%

5

Tigor

Sedan

2,098

2,153

-55

-2.55%

6

Safari

SUV

1,661

1,716

-55

-3.21%

7

Harrier

SUV

1,625

1,746

-121

-6.93%

Performance-Based Insights

Top 3 Performers (May 2024 Sales)

  1. Punch (18,949): It’s nice to see something other than a Maruti car in the top-seller position for a change. Lately, the Punch is starting to beat Maruti cars on a fairly regular basis.

  2. Nexon (11,457): While it’s all good news in the Punch area, the Nexon is another story. It’s still holding strong with 5-figure monthly dispatches, but the impact of the 3XO is apparent. In March 2024, Tata added a few more affordable variants. But the XUV 3XO’s aggressive pricing and fantastic feature distribution made Tata drop the price of the Nexon, if only by Rs. 15,000. As if that wasn’t enough, Tata recently brought discounts of up to Rs. 1.0 lakh on the Nexon. The Brezza is continuing without any significant changes in the discounts. But this move on Tata’s part shows that they are trying to pull up their socks to maintain 5-figure monthly sales of the Nexon.

  3. Tiago (5,927): Tata Motors recently talked at length about their plans for the next few years. Sadly, the Tiago had no place in those future plans. It seems like they don’t intend to bring any changes or generation updates to the Tiago. While it’s doing decent numbers so far, we should expect this car to fade into nothingness in the next few years. It went on sale in 2016 and has already been on sale for more than 8 years. Even Maruti Suzuki take notice of their old cars and give them a major update if it’s been 8 years.


Gainers (YoY % Change)

Where we have nothing to say, we won't say something just for the sake of it. So, here are the top 3 YoY gainers of May 2024 in the Tata portfolio:

  1. Punch (+2.59%): Just as we say in the Hyundai monthly sales analysis, even Tata have just one YoY gainer — the Punch.


Top 3 Losers (YoY % Change)

Except for the Punch, pretty much all Tata’s SUVs have been on the downtrend since experiencing a spike early in 2024.

  1. Harrier (-29.49%)

  2. Tiago (-27.12%)

  3. Tigor (-22.33%)

Gainers (MoM % Change)

  1. Nexon (+2.59%)

Top 3 Losers (MoM % Change)

  1. Tiago (-12.79%)

  2. Harrier (-6.93%)

  3. Safari and Altroz (-3.21%)

Since MoM change doesn’t mean much, we’ll leave it without any comments.


Body-Type Based

Tata SUVs are also growing with momentum while eating into the hatch and sedan’s market share.

Tata — 6-Month Sales Trend (Dec 2023 - May 2024)

Model

Dec 2023

Jan 2024

Feb 2024

Mar 2024

Apr 2024

May 2024

6 M Avg

Scorpio N + Classic

11,355

14,293

15,051

15,151

14,807

13,717

14,062

Bolero + Neo

7,995

9,964

10,113

10,347

9,537

8,026

9,330

XUV700

5,881

7,206

6,546

6,611

6,134

5,008

6,231

Thar

5,793

6,059

5,812

6,049

6,160

5,750

5,937

XUV 3XO

3,550

4,817

4,218

2,072

4,003

10,000

4,777

XUV400

535

697

610

350

347

701

540

Marazzo

62

32

51

51

20

16

39

Disclaimer: This post was written by our guest author (V3Cars). Any views expressed in this article are those of the author and do not necessarily represent those of Autopunditz.com. The data presented in this article is the property of Autopunditz.com.

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