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

11 March 2024
By Prathu Sharma
0

In this February 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.

February 2024 - Tata Car Sales Figures - YoY Change

Top Gainers:
- Safari has shown an impressive growth of 111.5%, with sales increasing from 1,252 units in February 2023 to 2,648 units in February 2024.
- Punch also experienced a significant increase of 65.08%, with sales rising from 11,169 units to 18,438 units YoY.
- Harrier saw a healthy growth of 24.73%, with sales going up from 2,054 units to 2,562 units YoY.
Top Losers:
- Tigor faced the most considerable decline with a -44.13% decrease in sales, dropping from 3,064 units in February 2023 to 1,712 units in February 2024.
- Tiago also saw a decrease in sales by -6.84%, from 7,457 units to 6,947 units YoY.
Steady Performers:
- Nexon maintained a steady performance with a slight increase of 3.46%, selling 14,395 units compared to 13,914 units the previous year.
- Altroz also showed a positive trend with a 15.5% increase in sales YoY.

TATA CAR SALES - FEBRUARY 2024 YOY CHANGE
Rank	Model	Segment	Body-Type	Feb 2024	Feb 2023	Change	%Change	Trend
1	Punch	B1	SUV	18,438	11,169	7,269	65.08%
2	Nexon	B2	SUV	14,395	13,914	481	3.46%
3	Tiago	B1	Hatch	6,947	7,457	-510	-6.84%
4	Altroz	B2	Hatch	4,568	3,955	613	15.50%
5	Safari	D1	SUV	2,648	1,252	1,396	111.50%
6	Harrier	C2	SUV	2,562	2,054	508	24.73%
7	Tigor	B2	Sedan	1,712	3,064	-1,352	-44.13%

February 2024 - Tata Car Sales Figures - MoM Change

Top Gainers:
- Tigor shows the most significant MoM percentage increase, with sales rising by 11.24%, from 1,539 units in January to 1,712 units in February.
- Tiago also sees a positive trend, with a 7.17% increase in sales, from 6,482 units to 6,947 units.
Top Losers:
- Nexon experienced the largest drop in sales, with a -16.22% decrease, from 17,182 units in January to 14,395 units in February.
- Altroz and Safari also faced declines, with -7.44% and -8.47% changes respectively.
Steady Performers:
- Punch maintains a steady growth with a 2.56% increase, selling 18,438 units compared to 17,978 units the previous month.

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TATA CAR SALES - FEBRUARY 2024 MOM CHANGE
Rank	Model	Segment	Body-Type	Feb 2024	Jan 2024	Change	%Change	Trend
1	Punch	B1	SUV	18,438	17,978	460	2.56%
2	Nexon	B2	SUV	14,395	17,182	-2,787	-16.22%
3	Tiago	B1	Hatch	6,947	6,482	465	7.17%
4	Altroz	B2	Hatch	4,568	4,935	-367	-7.44%
5	Safari	D1	SUV	2,648	2,893	-245	-8.47%
6	Harrier	C2	SUV	2,562	2,626	-64	-2.44%
7	Tigor	B2	Sedan	1,712	1,539	173	11.24%

Tata Motors — 6-Month Sales Trend (Sep 2023 - Feb 2024)

TATA CAR LAST 6 MONTHS (SEP 2023 - FEB 2024) SALES TREND
Model	Segment	Body-Type	Sep 2023	Oct 2023	Nov 2023	Dec 2023	Jan 2024	Feb 2024	6 Month Avg
Nexon	B2	SUV	15,325	16,887	14,916	15,284	17,182	14,395	93,989
Punch	B1	SUV	13,036	15,317	14,383	13,787	17,978	18,438	92,939
Tiago	B1	Hatch	6,789	5,356	5,508	4,852	6,482	6,947	35,934
Altroz	B2	Hatch	6,684	5,984	4,955	4,081	4,935	4,568	31,207
Harrier	C2	SUV	926	1,896	2,326	1,404	2,626	2,562	11,740
Safari	D1	SUV	516	1,340	2,207	2,103	2,893	2,648	11,707
Tigor	B2	Sedan	1,534	1,563	1,775	1,960	1,539	1,712	10,083

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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.