Tata Motors, which clocked its highest monthly wholesales (factory dispatches) of 70,222 passenger vehicles in January 2025, has crossed the cumulative half-a-million mark in the first 10 months of FY2026. As per company data, between April 2025 and January 2026 Tata Motors sold a total of 502,866 units, up 10% YoY (April 2024-January 2025:455,534 units).
In FY2025, Tata Motors had sold 569,245 PVs, down 14% on its record FY2024 sales (582,915 units) as per SIAM data. With two months left to go in FY2026, the sales difference to its FY2025 total is 66,379 units, and 80,049 units to FY2024 sales. Given that the car and SUV manufacturer’s average monthly sale for the last three months is 59,234 units, it can be surmised that Tata Motors is well set to achieve the 600,000 wholesales milestone for the first time in a fiscal year. In calendar year 2025, Tata Motors fell short of the 600,000 milestone with total passenger vehicle sales of 578,771 units (up 3%) including 81,125 EVs (up 18%).
In January, Tata Motors sold a record 70,222 passenger vehicles including 9,052 EVs. FY2026’s first 10-month wholesales have crossed the half-a-million mark and will surpass 600,000 for the fiscal.
Driving the charge in FY2026 are Tata Motors’ top two models – the Nexon and Punch compact SUVs – as well as growing demand for the recently launched Sierra SUV, petrol variants of the Harrier and Safari SUVs. Combined sales of the Nexon and Punch at 321,069 units account for 64% of the total PV dispatches in the first 10 months of FY2026. Interestingly, both models registered their highest monthly sales in January 2026: Nexon (23,365 units) and Punch (19,257 units). Not only was the Nexon the best-selling PV and SUV in January but it is also, at present, India’s No. 1 utility vehicle with 10-month sales of 176,814 units, ahead of the Hyundai Creta (166,145 units), Maruti Ertiga (163,976 units), Mahindra Scorpio (149,557 units), sibling Punch (144,255 units) and the Maruti Fronx (142,925 units).
With 74,241 EVs sold in the past 10 months of FY2026, Tata Motors has already achieved its highest EV sales in a fiscal with February and March numbers still to be counted.
EV PENETRATION AT 15% WITH 73,833 UNITS SOLD IN FIRST 10 MONTHS OF FY2026
What has given a fresh charge to Tata Motors’ overall passenger vehicle sales is the strong contribution from its EVs comprising the Nexon, Punch, Harrier, Curvv, Tiago and Tigor. At 74,241 units, the YoY increase in 39% (April 2024-January 2025: 53,580 units). This also means Tata Motors has already achieved its highest-ever fiscal year sales of EVs, having gone ahead of the previous best – FY2024’s 73,833 units. Tata EV sales in FY2025 (64,276 units) were down 13% YoY and had dragged overall PV sales down.
As a result of the surge in demand for Tata EVs, the company’s EV penetration level in the current fiscal has risen to 15%, up three percentage points from the 12% a year ago. With two months still to be counted in the current fiscal, expect Tata EV sales to surpass 90,000 units and likely close in on the 100,000-unit mark in FY2026.
In FY2025, Tata Motors (569,245 PVs) was India’s PV OEM No. 3 after Maruti Suzuki (1.76 million PVs) and Hyundai India (598,666 PVs) and was ahead of Mahindra & Mahindra (551,487 SUVs) by 17,758 units. Ten months into FY2026, Tata Motors (502,866 units) is still ranked third after Maruti Suzuki (1,495,910 units, up 3%) and Mahindra (539,986 units, up 19%) and ahead of Hyundai Motor India (477,435, down 4%), Toyota Kirloskar Motor (301,067 units, up 18%) and Kia India (232,313 units, up 14%). At this stage of the current fiscal year, M&M, which is also set to cross 600,000 sales for the first time in a fiscal year, is ahead of Tata Motors by 37,120 units. What’s common to both these players is they are riding the strong wave of demand for their SUVs, both compact and midsize.
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