
Tata Motors PV sales fall 15% in June 2025, Tiago, Altroz show resilience
In June 2025, Tata Motors' passenger vehicle business reported total wholesales of 37, quotes, an 15 per cent decline from its wholesales of 43,624 units in June 2024. These wholesales figures include all sales (ICE and electric) in the domestic and international markets.
In the domestic market, Tata Motors' wholesale stood at 37,083 units in June 2025, down from 43,524 in June 2024. In particular, electric wholesales were up, with the company selling a total of 5,228 EVs (including exports) in June, which represented an 12 per cent year-on-year increase with respect to June 2024.
For the April-June 2025 quarter (Q1 FY26), Tata Motors reported total wholesales of 1,24,809 passenger vehicles, a 10 per cent year-on-year decline for the wholesales of 1,38,682 units in Q1 FY25. In total, Tata Motors reported 123,839 units in the domestic market, and also a 10 per cent year on year decline in wholesales.
Also Read : Tata Harrier EV at Quad Day: Capability without drama and technology with real purpose
EV sales during the quarter remained nearly flat, with 16,231 units sold versus 16,579 units in the same period last year. While there was a modest 2 per cent dip in quarterly EV volumes, company officials noted a stronger sales trajectory toward the end of the quarter. Product highlights and segment Trends
The refreshed Tiago emerged as a bright spot, posting 16% volume growth year-on-year in Q1 FY26, indicating continued demand in the budget hatchback segment. Meanwhile, recent launches like the Altroz and Harrier EV have received positive initial market response, with their full impact expected to materialise in the second half of the fiscal year, the company noted.
Also Read : 2025 Tata Altroz first drive review: Evolved design, premium kit. Is it the new Gold Standard?
Commenting on the quarter's performance, Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., acknowledged subdued market conditions, particularly in May and June. However, he expressed optimism about Tata Motors' position, citing a strong pipeline and growing customer interest in EVs.
The carmaker recently announced the prices of the Tata Harrier EV. The flagship EV offering from Tata Motors is priced between ₹ 21.49 lakh and ₹ 30.13 lakh. All the prices are ex-showroom. The Harrier EV is offered in five broad variants: Adventure, Adventure S, Fearless Plus, Empowered and Empowered AWD.
Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.
First Published Date: 01 Jul 2025, 14:43 PM IST
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Business Standard
9 hours ago
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The company said the slowdown in the small car segment was the key reason behind the industry's muted demand trend. Rahul Bharti, senior executive officer, corporate affairs, MSIL, said that since 2019, the entry-level price point in the industry has risen by over 70 per cent, largely due to stricter regulations, and sales of smaller cars have fallen by over 70 per cent. 'Historically, PV sales used to grow at 1.5x gross domestic product (GDP) growth. But now, even after 6.5 per cent GDP growth, the car market is nearly flat. This is because the once-mass small car segment is not participating in the growth at all. This is clearly an affordability issue,' he said. Maruti's small car segment saw a 5.3 per cent decline in sales, reaching 455,009 units in H1 compared to 480,488 units in the same period last year. What's concerning as a trend is that the UV segment (comprising models like the Grand Vitara, Brezza, Fronx, etc.) has also seen a decline in volumes. Tata Motors saw a sharp 15 per cent dip in dispatches in June to 37,083 units (including electric vehicles/EVs). For the first six months of the year, the company posted a 7.89 per cent fall in dispatches to 269,966 units. Commenting on the trend, Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said that in May and June there were extreme 'volume pressures'. 'In the first quarter of 2025-26, the PV industry experienced volume pressures, particularly in May and June, with flat growth reflecting continued softness in demand. However, the EV segment emerged as a bright spot, driven by robust growth and the launch of new EV models across original equipment manufacturers.' Hyundai Motor India posted a 7.7 per cent drop in dispatches in H1 2025 to 285,809 units. For June, the company recorded a sharp 12 per cent fall in dispatches to 44,024 units. Tarun Garg, whole-time director and chief operating officer, Hyundai Motor India, said, 'In the domestic market, the geopolitical situation continued to affect market sentiment, with domestic sales registering 44,024 units in June 2025. As we come closer to the beginning of production at the Talegaon plant, we remain cautiously optimistic about a gradual recovery in demand, supported by a reduction in repo rates and improving liquidity on account of a cut in cash reserve ratio. We are closely watching the global geopolitical scenario and are committed to delivering value and innovation to our customers across both domestic and export markets.' EVs, however, seem to have held up better. M&M, which began dispatching its EVs to dealers around March, saw a 20 per cent rise in dispatches in H1 to 301,194 units. In June, the company posted 18 per cent growth in sales to 47,306 units. 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Ashish Gupta, brand director, Škoda Auto India, said that with the addition of Kylaq to their portfolio, they now have an 'SUV for everyone'. Analysts noted that while overall volumes remain flat, value growth is happening. 'While the number of PV sales remains largely flat, overall value growth continues, driven by consumers opting for higher-end models. Over the next two to three quarters, we expect volumes to stay steady, with a slightly more optimistic outlook for rural demand compared to urban areas, supported by better-than-expected monsoon conditions,' said Anurag Singh, advisor, Primus Partners. In two-wheelers, while overall industry data isn't yet available, major players like Bajaj Auto posted a 16 per cent decline in June dispatches, and H1 2025 was also down 9 per cent for the Pune-based company. On the other hand, premium bike maker Royal Enfield posted a 16 per cent increase in domestic dispatches to 76,957 units compared to 66,117 units last year. 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The Hindu
10 hours ago
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