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November 2024 Tata Sales Analysis — YoY, MoM Change, 6-Month Trend

In this November 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. To support the trends, we’ll also provide our opinions where applicable. 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.

Tough Times Ahead

Tata Motors, in their earlier plans shared during a quarterly earnings call, had no room for the Tiago and Tigor. They saw no room for growth in the hatch and sedan segment and it is consistent with what we are seeing in the last several years.

But, when Maruti Suzuki took the mantle of “the safest small sedan in India”, Tata felt the poke. What had been the marketing slogan for Tata Motors for so long was now part of Maruti Suzuki’s marketing campaign. And the Tigor was relegated to the 2nd spot with a 4-star safety rating. That too with the older testing process.

Not only did the Dzire become the safest sedan in its segment, it did so without putting on a lot of weight. It shattered the biases that a 5-star safe car needed to be heavy and have a thick sheet metal. Instead of using more of the nation’s iron, they used some good-old-fashioned Japanese engineering.

Now, Tata Motors are scrambling to make sure that they earn the 5-star safety badge for the Tigor and Tiago twins. Not only that, the likelihood of an economic slowdown also makes it a sensible approach for any carmaker to have small cars in their portfolio. In the event of a downturn, the consumers will still end up buying cars. But their budget will force them to choose more affordable alternatives. For instance, a Creta buyer may consider a Venue instead while a Venue buyer may consider the Exter. And the Exter buyer could start evaluating if the Nios is adequate to meet their needs or not.

Both of these situations mandated that Tata rework on their small cars and give them a generation update. The Tiago first went on sale in early 2016 and it’s almost 9 years old. In these times, that’s an unreasonably long product lifecycle. It’s time they get their update too. They have served as test beds and guinea pigs for far too long. Tata first tested the AMT, CNG, EV, CNG+AMT and CNG with a boot space concepts with the Tiago platform.)

We wish them all the best with their forthcoming efforts with their small car platform.

November 2024 — Tata Car Sales Figures - YoY Change

The following table presents the YoY change for all Tata cars in November 2024:

Rank

Model

Segment

Nov 2024

Nov 2023

Change

%Change

1

Punch

B1

15,435

14,383

1,052

7.31%

2

Nexon

B2

15,329

14,916

413

2.77%

3

Tiago

B1

5,319

5,508

-189

-3.43%

4

Curvv

C1

5,101

-

-

-

5

Altroz

B2

2,083

4,955

-2,872

-57.96%

6

Safari

D1

1,563

2,207

-644

-29.18%

7

Harrier

C2

1,374

2,326

-952

-40.93%

8

Tigor

B2

859

1,775

-916

-51.61%

Total



47,063

46,070

993

2.16%

November 2024 — Tata Car Sales Figures - MoM Change

The following table presents the month-over-month (MOM) sales data of Tata models for November 2024 compared to October 2024, including the change in units sold, percentage change and trends:

Rank

Model

Segment

Nov 2024

Oct 2024

Change

%Change

1

Punch

B1

15,435

15,740

-305

-1.94%

2

Nexon

B2

15,329

14,759

570

3.86%

3

Tiago

B1

5,319

4,682

637

13.61%

4

Curvv

C1

5,101

5,351

-250

-4.67%

5

Altroz

B2

2,083

2,642

-559

-21.16%

6

Safari

D1

1,563

2,086

-523

-25.07%

7

Harrier

C2

1,374

1,947

-573

-29.43%

8

Tigor

B2

859

926

-67

-7.24%

Total



47,063

48,133

-1,070

-2.22%

Performance-Based Insights

Top 3 Performers (November 2024 Sales)

  1. Punch (15,435)

  2. Nexon (15,329)

  3. Tiago (5,319)

Gainers (YoY % Change)

Here are the top 3 YoY gainers of November 2024 in the Tata portfolio:

  1. Punch (+7.31%)

  2. Nexon (+2.77%)

While every other car witnessed a YoY drop, the Punch and Nexon, along with some volume addition from the Curvv, helped them paint an overall positive picture with a 2.16% YoY gain. Meanwhile, the Curvv itself continues to wiggle here and there to make a name for itself in the crowded C-SUV space, where the Basalt is already off to an unfortunate start (47 units sold in Nov 2024).

Top 3 Losers (YoY % Change)

Here’s a look at the top 3 YoY losers in November 2024 in the Tata portfolio:

  1. Altroz (-57.96%)

  2. Tigor (-51.61%)

  3. Harrier (-40.93%)

Gainers (MoM % Change)

  1. Tiago (+13.61%)

  2. Nexon (+3.86%)

Top 3 Losers (MoM % Change)

  1. Harrier (-29.43%)

  2. Safari (-25.07%)

  3. Altroz (-21.16%)

Body-Type Based

Tata SUVs continue to gain YoY while the hatchbacks and sedan continue to lose YoY. Still, Maruti may have forced Tata’s hand to revisit their decision of leaving the small cars demand to taper to nil.


Tata — 6-Month Sales Trend (Jun 2024 - Nov 2024)

Model

Jun 2024

Jul 2024

Aug 2024

Sep 2024

Oct 2024

Nov 2024

6M Avg

Punch

18,238

16,121

15,643

13,711

15,740

15,435

15,815

Nexon

12,066

13,902

12,289

11,470

14,759

15,329

13,303

Tiago

5,174

5,665

4,733

4,225

4,682

5,319

4,966

Curvv

-

-

3,455

4,763

5,351

5,101

3,112

Altroz

3,937

3,444

3,031

2,758

2,642

2,083

2,983

Safari

1,394

2,109

1,951

1,644

2,086

1,563

1,791

Harrier

1,347

1,991

1,892

1,600

1,947

1,374

1,692

Tigor

1,371

1,495

1,148

894

926

859

1,116

Total

43,527

44,727

44,142

41,065

48,133

47,063

44,776

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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