Tata Motors’ Punch is the best-selling car in India. As per June sales data, the car edged out Maruti Suzuki’s Swift to reclaim the spot. It had been the best-selling car in April, before losing the spot in May.
What Happened: Industry data shows that Tata Punch sold 18,238 units in June. This is an around 65% increase from the 10,990 units sold in the same month last year. This is a slight decline from the 18,949 units sold in May 2024. Tata Nexon also made a comeback in the top 10 list in June.
The car’s sales saw an around 12.7% decline in sales in June 2024 at 12,066 units, compared to the 13,827 cars it sold last year in June. Swift sales went up around 3% to 16,422 units. Tata Motors' total sales for June 2024 were 75,604 units, a 7.4% decline from the 81,673 units sold in June 2023. The numbers also missed analyst estimates.
| Sr No | Make and Model | Units Sold (June 2024) | Units Sold (June 2023) | % Change |
|---|---|---|---|---|
| 1 | Tata Punch | 18,238 | 10,990 | +65.9% |
| 2 | Maruti Suzuki Swift | 16,422 | 15,955 | +2.9% |
| 3 | Hyundai Creta | 16,293 | 14,447 | +12.8% |
| 4 | Maruti Suzuki Ertiga | 15,902 | 8,422 | +88.8% |
| 5 | Maruti Suzuki Baleno | 14,895 | 14,077 | +5.8% |
| 6 | Maruti Suzuki Wagon R | 13,790 | 17,481 | -21.1% |
| 7 | Maruti Suzuki Dzire | 13,421 | 9,322 | +44.0% |
| 8 | Maruti Suzuki Brezza | 13,172 | 10,578 | +24.5% |
| 9 | Mahindra Scorpio | 12,307 | 8,648 | +42.3% |
| 10 | Tata Nexon | 12,066 | 13,827 | -12.7% |
Maruti Suzuki, however, maintained its dominance with six out of the 10 best-selling cars. The other two spots are bagged by Mahindra and Hyundai.
Price Action: Tata Motors’ share price was down 0.67% to trade at ₹991.50 on Friday afternoon.
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