Tata Motors kicked off the new year with total sales of 80,304 vehicles in January 2025, reflecting a 7% drop compared to the 86,125 units sold in January 2024. While the commercial vehicle (CV) segment remained stable, the passenger vehicle (PV) category saw a decline.
Commercial Vehicles: Growth in Select Segments
Tata Motors’ total CV sales stood at 31,988 units, showing no significant change year-over-year (YoY). Notable performances include:
- Intermediate & Light Commercial Vehicles (ILMCV) grew 12% YoY to 5,298 units.
- Passenger Carriers increased 18% to 4,582 units.
- Heavy Commercial Vehicles (HCVs) saw a modest rise of 1% to 8,990 units.
- Small Commercial Vehicles (SCV) and pickups declined 15% to 11,213 units.
The domestic CV segment sold 30,083 units, a slight 2% decline from the previous year. International business (CV IB) performed well, recording 1,905 units, a 31% YoY increase.
Passenger Vehicles: A Challenging Month
Passenger vehicle (PV) sales fell 11% YoY to 48,316 units. Domestic PV sales, including electric vehicles (EVs), reached 48,076 units, a 10% decrease.
Industry Overview: Navigating a Transformative Phase
The Indian automotive industry is undergoing significant changes, influenced by evolving consumer preferences and government initiatives. In 2024, total domestic passenger vehicle sales between April and November grew marginally by 1%, with car sales declining 12% and utility vehicle sales increasing 12.9%. SUVs now account for more than 60% of the country’s vehicle sales, a trend expected to continue in the coming years.
Manufacturers are focusing on innovation and sustainability, investing in electric, autonomous, and connected vehicle technologies to remain competitive. Government initiatives, such as the Production-Linked Incentive (PLI) scheme, are encouraging domestic manufacturing and innovation, strengthening India’s position in the global automotive market.
