January 2024 Tata Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

In this January 2024 Tata car sales analysis article, we’ll look at the car sales of Tata Motors for the last month. We’ll also compare the YoY and MoM change to find out which Tata cars’ sales improved and which ones declined. 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.

January 2024 Tata Car Sales Analysis

January 2024 - Tata Car Sales Figures - YoY Change

  • Top Gainers:

    • Punch: The Punch SUV witnessed substantial growth, with sales increasing by 49.74%, from 12,006 units in January 2023 to 17,978 units in January 2024.
    • Safari: The Safari SUV showed remarkable performance, with sales soaring by an impressive 180.33%, from 1,032 units to 2,893 units.
    • Harrier: The Harrier SUV also experienced significant growth, with sales rising by 67.05%, from 1,572 units to 2,626 units.
  • Top Losers:

    • Tiago: The Tiago hatchback faced a decline, with sales dropping by 28.23%, from 9,032 units to 6,482 units.
    • Tigor: The Tigor sedan had a substantial decline, with sales decreasing by 50.45%, from 3,106 units to 1,539 units.
    • Altroz: The Altroz hatchback also saw a decline, with sales dropping by 13.04%, from 5,675 units to 4,935 units.
  • Other Observations:

    • Nexon maintained steady growth, with a 10.37% increase in sales.
    • The Punch and Safari emerged as strong contenders in the SUV segment.
    • The Harrier continued to gain traction.
    • The Safari witnessed a remarkable surge, possibly due to market demand or new variants.
  • In summary, Tata Motors experienced mixed results, with some models performing exceptionally well (Punch, Safari, and Harrier) while others faced challenges (Tiago, Tigor, and Altroz)

TATA CAR SALES - JANUARY 2024
YOY CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Jan 2023

Change

%Change

Trend

1

Punch

B1

SUV

17,978

12,006

5,972

49.74%

2

Nexon

B2

SUV

17,182

15,567

1,615

10.37%

3

Tiago

B1

Hatch

6,482

9,032

-2,550

-28.23%

4

Altroz

B2

Hatch

4,935

5,675

-740

-13.04%

5

Safari

D1

SUV

2,893

1,032

1,861

180.33%

6

Harrier

C2

SUV

2,626

1,572

1,054

67.05%

7

Tigor

B2

Sedan

1,539

3,106

-1,567

-50.45%

January 2024 - Tata Car Sales Figures - MoM Change

  • Top Gainers:

    • Punch: The Punch SUV exhibited robust growth, with sales increasing by 30.4%, from 13,787 units in December 2023 to 17,978 units in January 2024.
    • Safari: The Safari SUV also performed exceptionally well, showing a remarkable 37.57% MoM growth, with sales rising from 2,103 units to 2,893 units.
    • Harrier: The Harrier SUV experienced significant growth, with sales climbing by 87.04%, from 1,404 units to 2,626 units.
  • Top Losers:

    • Tigor: The Tigor sedan faced a decline, with sales dropping by 21.48%, from 1,960 units to 1,539 units.
    • Tiago: The Tiago hatchback also saw a decline, with sales decreasing by 28.23%, from 4,852 units to 6,482 units.
    • Altroz: The Altroz hatchback had a moderate decline, with sales dropping by 20.93%, from 4,081 units to 4,935 units.
  • Other Observations:

    • Nexon maintained steady growth, with a 12.42% increase in sales.
    • The Punch and Safari continue to gain traction in the SUV segment.
    • The Tiago showed a positive trend, with a 33.59% MoM growth.
    • The Altroz faced a slight decline but remained competitive.
    • The Harrier witnessed substantial growth, possibly due to market demand or new variants.
  • In summary, Tata Motors experienced mixed results, with some models performing exceptionally well (Punch, Safari, and Harrier) while others faced challenges (Tigor, Tiago, and Altroz)

Note: Check your Car EMI with our - Car EMI Calculator

TATA CAR SALES - JANUARY 2024

MOM CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Dec 2023

Change

%Change

Trend

1

Punch

B1

SUV

17,978

13,787

4,191

30.4%

2

Nexon

B2

SUV

17,182

15,284

1,898

12.42%

3

Tiago

B1

Hatch

6,482

4,852

1,630

33.59%

4

Altroz

B2

Hatch

4,935

4,081

854

20.93%

5

Safari

D1

SUV

2,893

2,103

790

37.57%

6

Harrier

C2

SUV

2,626

1,404

1,222

87.04%

7

Tigor

B2

Sedan

1,539

1,960

-421

-21.48%

Tata Motors — 6-Month Sales Trend (Aug 2023 - January 2024)

TATA CAR LAST 6 MONTHS (AUG 2023 - JANUARY 2024)
SALES TREND

Model

Segment

Body-Type

Aug 2023

Sep 2023

Oct 2023

Nov 2023

Dec 2023

Jan 2024

6 Month Avg

Punch

B1

SUV

14,523

13,036

15,317

14,383

13,787

17,978

14,837

Nexon

B2

SUV

8,049

15,325

16,887

14,916

15,284

17,182

14,607

Tiago

B1

Hatch

9,463

6,789

5,356

5,508

4,852

6,482

6,408

Altroz

B2

Hatch

7,825

6,684

5,984

4,955

4,081

4,935

5,744

Tigor

B2

Sedan

2,947

1,534

1,563

1,775

1,960

1,539

1,886

Harrier

C2

SUV

1,689

926

1,896

2,326

1,404

2,626

1,811

Safari

D1

SUV

1,019

516

1,340

2,207

2,103

2,893

1,680

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ABOUT THE AUTHOR

Prathu Sharma

Engineer by upbringing, artist by passion, motorhead because, why not! Likes to know about everything related to technology, switches between american muscle and german innovation depending on the day. Wants to own 69' Mustang Mach 1 and to drive BMW M3 87'someday.

2 Comments

  1. R Raj says:
    February 13 2024 16:30:09

    Hi, what sources do you use to get this model-wise data? Is it verified by Tata Motors too?

  2. R Raj says:
    February 13 2024 16:30:10

    Hi, what sources do you use to get this model-wise data? Is it verified by Tata Motors too?

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