Tata Motors, India’s leading automobile manufacturer, has released its sales figures for October 2024. The company reported a marginal decline in total sales compared to the same period last year. However, there were some positive trends within the overall figures.
Tata Motors October 2024 Car Sales
Here’s a breakdown of Tata Motors October 2024 Car Sales:
| Category | October 2024 Sales | October 2023 Sales | Change |
|---|---|---|---|
| Passenger Vehicles (Domestic) | 48,131 | 48,337 | -0.43% |
| Commercial Vehicles (Domestic) | 32,708 | 32,488 | +0.69% |
| Total Domestic Sales | 80,839 | 80,825 | +0.02% |
| Total Exports | 4,843 | 2,129 | +127.70% |
| Total Sales | 82,682 | 82,954 | -0.33% |
As you can see from the table, Tata Motors’ domestic passenger vehicle sales experienced a slight decline of 0.43% year-over-year. However, the commercial vehicle segment saw a positive growth of 0.69%. Overall, the company’s total domestic sales increased marginally by 0.02%.
One of the most notable aspects of Tata Motors’ October 2024 sales report is the significant growth in exports. The company’s exports increased by a whopping 127.70% compared to the previous year. This indicates a strong demand for Tata Motors’ vehicles in international markets.
Overall, Tata Motors’ October 2024 sales performance can be considered mixed. While the domestic passenger vehicle segment faced some challenges, the commercial vehicle segment and exports performed well. The company’s focus on expanding its presence in international markets seems to be paying off.
It will be interesting to see how Tata Motors performs in the coming months, especially as the festive season approaches. The company’s strong product lineup and growing popularity in the electric vehicle segment could contribute to positive sales figures in the future.