Tata Motors‘ Punch, the best-seller in June, came in fourth place with 16,121 units sold in September, a 34% year-on-year growth. Tata’s Nexon's sales surged around 13% to 13,902 units compared to September 2023.

What Happened: Tata Motors' Punch was in fourth place behind Hyundai Creta, Maruti Suzuki Swift, and Maruti Suzuki Wagon R. Nexon also slipped to the improved seventh spot. In August, Tata Motors Punch sold 15,643 cars, while Nexon sold 12,289 units.

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In September, Tata Motors reported the sale of 71,345 vehicles, falling short of analysts’ expectations. The company's commercial vehicle sales witnessed a significant drop, with 30,032 units sold, marking a 23% decline compared to the same period last year.

Passenger vehicle sales, including electric vehicles, also decreased by 9%, with 41,313 units sold during the month. These figures highlight the challenges Tata Motors is currently facing across both commercial and passenger vehicle segments.

Maruti Suzuki continued its dominance with six out of the 10 best-selling cars. The remaining two spots were bagged by Mahindra and Hyundai.

Price Action: Tata Motors's share price was down 1.08% to trade at ₹917.80 on Tuesday afternoon.

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