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.

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    Aston Martin Vanquish Launched At INR 88.5 Million In India

    Aston Martin Vanquish

    British luxury car brand Aston Martin has revived its legendary Vanquish nameplate, and introduced the model in India with an ex-showroom price of INR 88.5 million (excluding options). The flagship model crowned Aston Martin’s next-generation sports car lineup is limited to just under 1,000 units annually.

    At the heart of the Vanquish lies a new 5.2-litre Twin-Turbo V12 engine, delivering 835PS and 1,000Nm of torque – making it the most powerful V12 in Aston Martin’s core sports car range to date. With a specific power output of 160PS per litre, this engine propels the Vanquish to a top speed of 214mph (344kmph), the highest ever for an Aston Martin series production car. It is enhanced with a strengthened cylinder block, redesigned cylinder heads and high-speed turbochargers, the powertrain achieves unprecedented performance while meeting global emissions standards. A novel Boost Reserve function further sharpens throttle response, storing turbo boost for instant power delivery during overtaking or dynamic driving.

    The Vanquish’s chassis is equally impressive, built on a bonded aluminium structure with a 75 percent increase in lateral stiffness over its predecessor, the DBS 770 Ultimate. Featuring Bilstein DTX adaptive dampers and an electronic rear limited-slip differential (e-diff), it offers a seamless blend of grand tourer comfort and supercar agility. The e-diff, integrated with an advanced Electronic Stability Control system, transitions from open to fully locked in just 135 milliseconds, enhancing traction and cornering precision. Paired with a recalibrated ZF 8-speed automatic gearbox and a Carbon Ceramic Brake system, the Vanquish delivers exceptional control, stopping power, and a dynamic bandwidth that adapts to any driving mood.

    Visually, the Vanquish exudes contemporary elegance with its extended wheelbase, sculpted carbon fibre bodywork and a rakish teardrop profile. Drawing inspiration from Aston Martin’s motorsport heritage, including Formula 1 and the iconic ‘Project Cars’ of the 1960s, it features F1-inspired bonnet louvres and a Kamm Tail for aerodynamic efficiency. A panoramic glass roof, a first for an Aston Martin V12, floods the cabin with light, while Matrix LED headlights and a bold grille amplify its road presence. The interior, designed for two, combines luxury with driver focus, boasting a 10.25-inch digital dashboard, a pure black touchscreen infotainment system and tactile metal controls. A Bowers & Wilkins 15-speaker audio system comes standard, ensuring an immersive experience.

    Lawrence Stroll, Executive Chairman, Aston Martin, said, “With the introduction of Vanquish we have crowned Aston Martin’s next- generation sports car portfolio. A true halo model in every respect, Vanquish makes an emphatic statement. One that further delivers on our mission to create the most potent, most beautiful and most exciting cars in the ultra-luxury sports car market. As such Vanquish is the truest of Aston Martins. Immaculately designed and impeccably engineered it sets extraordinary new standards of performance, style and luxury for a new generation of connoisseurs”.

    Marek Reichman, Executive Vice President and Chief Creative Officer, Aston Martin, said, “Vanquish is an iconic halo model for our sports car portfolio and we’re always designing for beyond the expected, rational and thoughtful. We captured the immensity of its performance and the imperiousness of its intended purpose while tempering the drama of Vanquish with a rare and unmistakable sense of elegance. Our team demonstrated bravery and curiosity in their quest to deliver unexpected design ideas throughout. The teardrop exterior features an all-new surface language and amplified front-engine proportions, and the interior environment combines the focus of a true driver’s car with elevated luxury and state-of-the-art technology. There is great passion in creating pure excitement and this new Vanquish is a culmination of fearless creativity and human ingenuity. We have combined next level, ultra-luxury performance with British-cool sports car styling to deliver a crowning Aston Martin V12 flagship for the ages.”

    Simon Newton, Director of Vehicle Performance, Aston Martin, said, “Vanquish brings another dimension to the revitalised Aston Martin range. The new V12 engine is a larger-than-life character, with immense torque from just above idle combined with a truly ferocious top-end. It really is an extraordinary engine. This sense of boundless propulsion had to be matched by an equal level of control and finesse; something we have achieved by further exploring the tremendous scope of the new Bilstein DTX adaptive dampers, e-diff and latest generation electronics. We’ve also worked closely with Pirelli, developing a bespoke tyre tailored specifically to Vanquish. The resulting blend of dynamic precision, epic performance and luxurious refinement is uniquely special, with a bandwidth that sets a new standard for the marques halo model and is worthy of the Vanquish name”.

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      Tata Motors Launches ‘Take the Curvv’ Campaign Featuring Vicky Kaushal

      Tata Motors Launches ‘Take the Curvv’ Campaign Featuring Vicky Kaushal

      Tata Motors, India’s leading automotive manufacturer, has announced its partnership with Bollywood actor Vicky Kaushal for its passenger and electric Vehicle range. The collaboration will kick off this IPL season with a campaign titled ‘Take the Curvv’.

      Kaushal takes centre position in a series of 20-second IPL advertisements, capturing the essence of the Curvv with his unorthodox professional decisions and his quest for greatness. The ad demonstrates how the Curvv is more than simply a vehicle; it's a declaration of audacity, confidence and pursuing your passion. It's about accepting the curveballs of life. In addition, Kaushal will contribute significantly to a number of brand projects. Kaushal's collaboration highlights Tata Motors' common dedication to defying expectations as the company pushes the limits of automotive performance, design and technology.

      Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd, said, “At Tata Motors, we are constantly pushing boundaries and setting new standards of excellence. As we lead the transformation of the passenger and electric vehicle landscape, we are proud to welcome Vicky Kaushal, whose values align with ours – authenticity and positive disruption. Both Vicky and Tata Motors share an unwavering pride in India. As one of the largest automobile manufacturers in the country, Tata Motors is committed to the ‘Make in India’ initiative, creating world-class vehicles designed and engineered for Indian consumers, just as Vicky Kaushal takes immense pride in representing Indian cinema and culture globally. With innovation at the core of our brand, the ‘Take the Curvv’ campaign celebrates individuals who choose to carve their own path. We are confident that this one-of-a-kind association will be loved by our customers and his fans alike.”

      Kaushal said, “I am thrilled to make my foray into the world of cars with Tata Motors – a homegrown brand that has redefined how India travels. Tata Motors’ unwavering legacy, coupled with its relentless commitment to innovation and disruption, perfectly reflects my own passion, making this partnership a natural choice. The ‘Take the Curvv’ campaign is the perfect launchpad for this association as it embodies the spirit of breaking barriers by following your heart, taking the road less travelled and coming out even stronger. I look forward to collaborating on ground-breaking projects with the Tata Motors family and share our story with the world.”

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        Nissan GB Appoints Ed Jones As Sales Director

        Nissan GB Appoints Ed Jones As Sales Director

        Nissan GB has appointed Ed Jones as its new Sales Director with effect from 16 June 2025. Jones replaces Michael Auliar, who is scheduled to depart the company at the end of March to pursue another opportunity.

        Jones is rejoining Nissan following seven years at Audi UK, where he oversaw UK Sales Operations and served as National Contract Hire and Leasing Manager. He brings to his new position a wealth of sales, dealer operations, fleet and electric vehicle product knowledge. Jones rose swiftly through the ranks of Nissan GB, achieving remarkable success in a variety of sales and marketing-related areas. His arrival coincides with the upcoming launch of the new British-built LEAF, which will join Qashqai and Juke at the heart of Nissan’s UK operations.

        Jones said, “I’m delighted to be returning at such an exciting time. Nissan was the only brand with two models in the top five best-sellers in 2024 and, with increased market share and double-digit sales growth, it’s a brand with real momentum in 2025. With Nissan’s rich heritage in innovation, I am delighted to be joining the brand as it looks ahead to some exciting new technologies and a great choice of electric and electrified vehicles. I look forward to working with colleagues within the brand and across the retailer network.”

        Mayra González, Divisional Vice President – Marketing and Sales, Europe, said, “I’m delighted to welcome Ed to our team – his experience and expertise in all areas of UK sales will be invaluable as we look to capitalise on some exciting new product launches. Ed will help accelerate our business transformation plans and lead our sales and dealer teams to continued success in the future.”

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          Renault India Announces Price Hike From April 2025

          Renault India Announces Price Hike From April 2025

          Renault India has announced up to two percent price hike across its vehicle lineup with effect from April 2025.

          Depending on the model and version, the price hike's magnitude will change. The corporation has been absorbing steadily rising input expenses for a considerable amount of time, which has led to this conclusion. Since February 2023, this is the first price increase that Renault India has announced. The business is still dedicated to providing its clients with an attractive value proposition and will keep concentrating on providing top-notch goods and services, said the company.

          Venkatram Mamillapalle, Country CEO & Managing Director, Renault India, said, "Despite our best efforts to maintain prices for a long time, the sustained increase in input costs has necessitated this price adjustment. We have been absorbing these costs for a long time to support our customers, but to continue providing the best quality and innovative products, a price revision has become inevitable."

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