Total PV Sales Decline 11% YoY, CV Sales Remain Flat
Mumbai, February 1, 2025 – Tata Motors Limited has reported total sales of
80,304 units for January 2025, marking a decline compared to
86,125 units sold in January 2024.
Key Financial Highlights
Domestic Sales Performance
Tata Motors'
total domestic sales for January 2025 stood at
78,159 units, down
7% YoY from
84,276 units in January 2024.
| Category | January 2025 | January 2024 | % Change (YoY) |
|---|
| Total Domestic Sales | 78,159 | 84,276 | -7% |
Commercial Vehicles (CV)
The company's
total commercial vehicle (CV) sales remained
flat YoY at
31,988 units. However, individual segments showed varying trends.
| Category | January 2025 | January 2024 | Growth (YoY) |
|---|
| HCV Trucks | 8,990 | 8,906 | 1% |
| ILMCV Trucks | 5,298 | 4,743 | 12% |
| Passenger Carriers | 4,582 | 3,872 | 18% |
| SCV Cargo & Pickup | 11,213 | 13,122 | -15% |
| CV Domestic | 30,083 | 30,643 | -2% |
| CV IB (International) | 1,905 | 1,449 | 31% |
| Total CV Sales | 31,988 | 32,092 | 0% |
- Medium & Heavy Commercial Vehicles (MH&ICV) domestic sales, including trucks and buses, reached 15,137 units, up from 14,440 units in January 2024.
- MH&ICV total domestic & international sales increased to 16,076 units, up from 14,972 units YoY.
Passenger Vehicles (PV)
Tata Motors’
total passenger vehicle (PV) sales declined
11% YoY to
48,316 units, down from
54,033 units in January 2024.
| Category | January 2025 | January 2024 | Growth (YoY) |
|---|
| Total PV Domestic (Includes EVs) | 48,076 | 53,633 | -10% |
| PV IB (International) | 240 | 400 | -40% |
| Total PV (Includes EVs) | 48,316 | 54,033 | -11% |
| EV (Domestic + IB) | 5,240 | 6,979 | -25% |
- Electric vehicle (EV) sales, including domestic and international, saw a significant 25% YoY decline, dropping to 5,240 units from 6,979 units.
Outlook & Strategic Implications
The
commercial vehicle segment showed resilience, particularly in
ILMCV and passenger carriers, which grew
12% and
18% YoY, respectively. However,
SCV cargo and pickup sales fell 15%, impacting overall CV performance.
On the
passenger vehicle front, Tata Motors faces headwinds, with
PV sales declining 11% YoY, including
a sharp 25% drop in EV sales. This reflects challenges in the electric mobility segment, possibly due to market saturation, supply chain constraints, or changing consumer preferences.
The company remains a key player in the
domestic and international automotive market, and investors will closely watch its upcoming strategic decisions to boost growth.