Tata Nexon Become Top Selling SUVs in India Punch Gets Second Place in FY 2024 All Details

Tata Motors ended FY24 with two of its models – Tata Nexon and Tata Punch – topping the sales charts. Of these, Tata Nexon was the best-selling SUV, followed by Punch in second place. Tata Nexon has been the best-selling SUV for three consecutive years. However, Tata Motors is no longer the best-selling SUV manufacturer and is behind Mahindra and Maruti Suzuki. Tata Nexon recently crossed the 7 lakh sales milestone, 7 years after its launch. By the end of the year, Tata is going to introduce this car in a new CNG version, after which its sales are expected to increase further.

According to Tata Motors, Nexon and Punch were the best-selling SUVs in FY2024, with Nexon taking the first spot and Punch the second. Tata Nexon topped the list by selling 1,71,697 units in FY2023-24. Even though there is some fierce competition in this price segment, this Tata car has dominated the subcompact SUV segment for three consecutive years. Tata Punch stood second with sales of 170,076 units during the same period.

It recently crossed the 7 lakh sales mark after 7 years of its launch in the Indian market. crossed Currently, Nexon is available with petrol, diesel and electric powertrains. A CNG variant will join the line-up later this year, after which the sales figures are expected to see good changes. At the same time, Punch was the best-selling passenger vehicle in March and April 2024 and was the first SUV in Indian automotive history to achieve this feat.

According to Tata Motors, the compact SUV segment has grown significantly in the last few years. The industry’s market share within this segment has seen an increase from 4% to 7% and the market share in the large SUV market has grown from 8% to 14%.