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

In this September 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.

September 2024 — Tata Car Sales Figures - YoY Change

Rank

Model

Body-Type

Sep 2024

Sep 2023

Change

%Change

1

Punch

SUV

13,711

13,036

675

5.18%

2

Nexon

SUV

11,470

15,325

-3,855

-25.15%

3

Curvv

SUV

4,763

-

-

-

4

Tiago

Hatch

4,225

6,789

-2,564

-37.77%

5

Altroz

Hatch

2,758

6,684

-3,926

-58.74%

6

Safari

SUV

1,644

516

1,128

218.6%

7

Harrier

SUV

1,600

926

674

72.79%

8

Tigor

Sedan

894

1,534

-640

-41.72%

September 2024 — Tata Car Sales Figures - MoM Change

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

Rank

Model

Body-Type

Sep 2024

Aug 2024

Change

%Change

1

Punch

SUV

13,711

15,643

-1,932

-12.35%

2

Nexon

SUV

11,470

12,289

-819

-6.66%

3

CURVV

SUV

4,763

3,455

1,308

37.86%

4

Tiago

Hatch

4,225

4,733

-508

-10.73%

5

Altroz

Hatch

2,758

3,031

-273

-9.01%

6

Safari

SUV

1,644

1,951

-307

-15.74%

7

Harrier

SUV

1,600

1,892

-292

-15.43%

8

Tigor

Sedan

894

1,148

-254

-22.13%

Performance-Based Insights

Top 3 Performers (September 2024 Sales)

  1. Punch (13,711): With the recent feature updates, the Punch is likely to continue its journey of remaining a strong performer in Tata’s portfolio. It’s also the bread earner in Tata’s portfolio, which can churn out good numbers even if the economy shrinks in coming months.

  2. Nexon (11,470): Reality is catching up to Tata Motors as the demand for the Nexon shrinks. They can’t just keep on producing a crazy number of Nexons and expect the market to keep buying them at the inflated launch prices. The discounts helped them get some of the inventory in control but it’s probably not working. This time around,it’s witnessing a 25% YoY drop.

  3. Curvv (4,763): With the poor pricing strategy with the Nexon, Safari and Harrier, Tata seem to have learned the lesson and it shows in the Curvv’s pricing. The Curvv launched with an aggressive price tag, which is below industry standards. Meanwhile, the Nexon, Safari and Harrier were introduced at above industry standard market prices. While the production numbers may not show it immediately, the Curvv seems to be off to a good start. We can expect the Curvv to gain momentum going forward because of its attractive pricing across the board.

Gainers (YoY % Change)

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

  1. Safari (+218.60%): The Safari and Harrier’s numbers don’t mean much as they both received an update this time around last year and the YoY production spike suggests that these are due to the yearly update to the two cars. In fact, their performance otherwise isn’t much better than what we have seen in the last several months. It is still remarkable to see Tata selling 2 large SUVs in such volumes.

  2. Harrier (+72.79%)

  3. Punch (+5.18%)

Top 3 Losers (YoY % Change)

Except for the SUVs in Tata’s portfolio, all other cars witnessed a drop in YoY performance in September 2024.

  1. Altroz (-58.74%):

  2. Tigor (-41.72%):

  3. Tiago (-37.77%):

Gainers (MoM % Change)

  1. Thar (+107.19%)

  2. XUV400 (+32.96%)

  3. Bolero and Bolero Neo (+25.96%)

Top 3 Losers (MoM % Change)

  1. Marazzo (-12.50%)

Body-Type Based

Tata SUVs are also growing with momentum while eating into the hatch and sedan’s market share.

Tata — 6-Month Sales Trend (Apr 2024 - Sep 2024)

Model

Apr 2024

May 2024

Jun 2024

Jul 2024

Aug 2024

Sep 2024

6M Avg

Punch

19,158

18,949

18,238

16,121

15,643

13,711

16,970

Nexon

11,168

11,457

12,066

13,902

12,289

11,470

12,059

Tiago

6,796

5,927

5,174

5,665

4,733

4,225

5,420

Altroz

5,148

4,983

3,937

3,444

3,031

2,758

3,884

Safari

1,716

1,661

1,394

2,109

1,951

1,644

1,746

Harrier

1,746

1,625

1,347

1,991

1,892

1,600

1,700

Tigor

2,153

2,098

1,371

1,495

1,148

894

1,527

CURVV

-

-

-

-

3,455

4,763

1,370

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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