Tata Motors’ PV sales Decline by 8%, CV Sales By 23% in September 2024

Tata Motors

Tata Motors, one of the leading passenger vehicles and commercial vehicle manufacturers has reported its wholesales for September 2024 and Q2 FY2025.

Category  Sept’24 Sept’23 % Q2 FY25 Q2 FY24
Change Change
Total PV Domestic (includes EV)  41,063 44,809 -8% 129,930 137,950 -6%
PV IB 250 508 -51% 823 989 -17%
Total PV (includes EV) 41,313 45,317 -9% 130,753 138,939 -6%
EV (IB + Domestic)   4,680 6,050 -23% 15,642 18,615 -16%

The company reported sales of 41,063 passenger vehicles including EVs in September, which was down 8 percent YoY compared to 44,809 units for the same period last year.

The commercial vehicle sales on the other hand declined by 23 percent YoY at 38,631 units, with the HCV trucks and SCV Cargo Pickup seeing a decline of 28 percent and 26 percent YoY respectively.

For Q2 FY 2024-25, PV sales came at 129,930 units, down 6 percent YoY, as compared to 137,950 units for the same period last year.

Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility said, “The PV industry in Q2 FY25 saw more than 5 percent decline in retails (Vahan registrations) compared to Q2 FY24 driven by slow consumer demand and seasonal factors. In contrast, industry offtake was significantly higher than registrations in anticipation of a strong start to the festive season, resulting in a continued buildup of channel stock. In addition, electric vehicle sales in personal segment was affected by the lapse of registration and road tax waivers in key states. Fleet EV sales continued to remain impacted due to lapse of FAME II and non-inclusion of the fleet segment in PM-eDRIVE scheme. Tata Motors posted wholesales of 130,753 units in Q2 FY25, a decline of 6% compared to Q2 FY24, as we readjusted wholesales to lower-than-expected retails, to keep channel inventory under control. During the quarter, we launched the Curvv, which has received an excellent response with strong bookings for all its powertrains – petrol, diesel and electric. Initial deliveries of Curvv have commenced, and we will continue to ramp up production in Q3. Our market facing interventions have been well received, generating a strong pipeline. The launch of our higher range Nexon.ev has also generated strong consumer interest.”

Chandra further stated that registrations have picked up pace towards end-September which augurs well for the festive period ahead.

The CV segment on the other hand reported a decline of 19 percent in domestic wholesales at 79,931 units as compared to 99,178 units a year ago.

Girish Wagh, Executive Director, Tata Motors said, “Tata Motors commercial vehicles domestic sales at 79,931 units in Q2 FY25 were around 19 percent lower than Q2 FY24 sales. Sales in September 2024 were around 11 percent higher compared to August 2024. Slowdown in infrastructure project execution, reduction in mining activity and an overall drop in fleet utilisation due to heavy rains resulted in the HCV segment record a 25 percent YoY decline in Q2 FY25 and the ILMCV segment register a 11 percent decline. The resilient demand in the passenger commercial vehicles business saw it register a 3 percent increase in Q2 FY25 over Q2 FY24. SCVPU volumes decline by 25 percent YoY, and we expect a gradual improvement as we press on with initiatives to address challenges in first-time user financing.”

Category 
Sept’24 Sept’23 % Q2 FY25 Q2 FY24
Change Change
HCV Trucks   9,295 12,867 -28% 22,904 30,369 -25%
ILMCV Trucks  5,387 6,377 -16% 14,693 16,483 -11%
Passenger Carriers   3,101 3,344 -7% 10,935 10,622 3%
SCV cargo and pickup  10,848 14,626 -26% 31,399 41,704 -25%
Total CV Domestic  28,631 37,214 -23% 79,931 99,178 -19%
CV IB  1,401 1,850 -24% 4,350 4,907 -11%
Total CV  30,032 39,064 -23% 84,281 104,085 -19%

“As we move forward, with the rains easing, increased infrastructure spending, and the arrival of the festive season boosting consumption, we anticipate demand to pick up gradually in Q3, led by ILMCV and buses, followed by M&HCV and SCVPU,” he concluded.

Mahindra Scorpio-N Z8L Variant Now Gets L2 ADAS Tech, New Z8T Variant Launched At INR 2.02 Million

Mahindra Scorpio-N ADAS

Mumbai-headquartered SUV major Mahindra & Mahindra has upgraded its popular offering, the Scorpio-N Z8L variant, with Level 2 Advanced Driver Assistance Systems (ADAS) tech.

This will see the Scorpio-N Z8L variant coming with Forward Collision Warning, Automatic Emergency Braking, Adaptive Cruise Control with Stop & Go, Smart Pilot Assist, Lane Departure Warning, Lane Keep Assist, Traffic Sign Recognition and High Beam Assist features.

The ADAS tech will further enhance safety quotient for the Scorpion-N with exclusive features such as Speed Limit Assist and Front Vehicle Start Alert, marking a first for Mahindra ICE SUVs.

Furthermore, the company has also expanded the Scorpio-N line-up with the introduction of the Z8T variant at INR 2.02 million. The new variant will sit between the Z8 and Z8L variants. It comes with a compelling mix of premium features, including R18 diamond-cut alloy wheels, a 12-speaker Sony-branded audio system, front camera, front parking sensors, 6-way powered driver seat, electronic parking brake (EPB), ventilated front seats and an auto-dimming IRVM.

Maruti Suzuki India Clocks New Milestone Of Servicing 2.45 Million Vehicles In A Month

Maruti Suzuki India

Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has achieved a new milestone in its aftersales service. The company recorded servicing (free and paid) over 2.45 million vehicles in May, the highest in a single month in its history.

The feat was achieved through the company’s vast network of over 5,400 service touchpoints.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “This is the first time in the company’s history that we have serviced over 24.5 lakh vehicles in a month, an achievement that reflects scale, depth, and efficiency of the service network. It is a result of the tireless efforts of our service teams and dealer partners across the country.”

“Good quality aftersales service is critical to maintain vehicle health, leading to a delightful car ownership experience and strengthen customer retention. Even before we started mass sales of vehicles in India, our focus was on building a robust service network, a foundation that continues to support us as we expand our business further. Going forward, we aim to expand our service touchpoints to 8,000 by FY 2030-31 and introduce innovative formats to cater to the requirements of diverse customer needs. This will help in our EV launch as well. We are preparing 1,500 EV enabled service workshops covering over 1,000 cities with specially trained manpower and special equipment to extend all EV related support to our customers,” he said.

Maruti Suzuki India has through its dealer partners introduced several innovative and industry-first service formats, to address the smallest query to full-car service needs ranging from traditional brick-and-mortar workshops to mobile workshops. Over the years, it has also created a dedicated Quick Response Team (QRT) to provide emergency on-road assistance across the country.

 

Mercedes-Benz India Appoints Brendon Sissing As New VP Of Sales And Marketing

Brendon Sissing

Mercedes-Benz India, the German luxury car brand, has announced a significant organisational change, effective from 1 August 2025, with the appointment of Brendon Sissing as the new Vice-President of Sales and Marketing. He will take over from Lance Bennett, who has moved to Mercedes-Benz Middle East as their Chief Financial Officer.

Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, said, "We are excited to welcome Brendon Sissing as the Head of Sales & Marketing for Mercedes-Benz India. Brendon takes over the responsibility from Lance Bennett, who has joined Mercedes-Benz Middle East as the CFO. Brendon brings rich experience from the world of financing and insurance, as he successfully steered Mercedes-Benz Financial Service India, doubling its portfolio, driving record profit and business transformation, while elevating the integrated customer journey. We are confident Brendon will continue the growth momentum of Mercedes-Benz in this highly diverse and dynamic Indian luxury car market. We thank Lance for his immense contribution and wish them both, the very best in their respective new roles."

Brendon Sissing previously served as the Head of Mercedes-Benz Financial Services India, where he was instrumental in doubling the company's portfolio and achieving record profits. He is recognised for his strong advocacy of digital transformation and risk management, leveraging his expertise in credit risk to drive operational excellence. He has extensive experience within the Mercedes-Benz group, having worked with Mercedes-Benz Malaysia and Mercedes-Benz South Africa, leading Credit Operations in both markets. He also held roles in Credit Underwriting and Key Accounts at Daimler Mobility, Stuttgart, before joining Mercedes-Benz Financial Services India in 2022.

The German brand stated that under Sissing's leadership, Mercedes-Benz Financial Services India significantly enhanced customer journeys through integrated online and offline platforms. He is also noted for his passion for coaching and mentoring, fostering high-performing team environments. Sissing holds a B. Tech degree in Cost & Management Accounting from Technikon Pretoria, South Africa and a Diploma in Credit Management from the Institute of Credit Management. He is also a founding member of Mercedes-Benz Services Malaysia, established in 2012.

A South African national, Sissing has worked in various international locations, including Malaysia, South Africa, Germany and India.

Honda Launches Sporty New Variant of City Sedan At INR 1.48 Million

Honda City Sport

Honda Cars India has launched a new variant of its popular mid-size sedan, the Honda City Sport, adding a dynamic and youthful edge to the City line-up. Priced at INR 1.48 million (ex-showroom, Delhi), the City Sport is positioned as a limited-edition offering designed to appeal to style-conscious, spirited drivers.

The new variant will be exclusively available with a CVT automatic transmission and is offered in three colour options — Radiant Red Metallic, Platinum White Pearl, and Meteoroid Gray Metallic.

Sporting a blacked-out exterior theme, the car features a Sporty Black Grille, Glossy Black Shark Fin Antenna, Trunk Lip Spoiler and multi-spoke grey alloy wheels. Inside, the cabin gets an all-black treatment with red stitching, leather seats and ambient lighting for a premium, performance-inspired feel.

Under the hood, it retains the 1.5L i-VTEC petrol engine, delivering 121 PS and 145 Nm of torque, with a claimed fuel efficiency of 18.4 kmpl. The model also comes equipped with Honda Sensing, the brand’s advanced driver assistance suite.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “The new City Sport has been crafted to meet the aspirations of young buyers who value individuality and a spirited driving experience. It embodies a perfect blend of sporty exterior and interior style, fun to drive performance and the everyday usability that Honda City is known for, at a price that makes it even more compelling.”

The City Sport is being positioned as a limited-unit, exclusive edition for customers seeking distinction in both design and driving dynamics.