Tata Motors' passenger vehicle wholesales tumble 15% in June

Tata Motors Ltd ’s domestic passenger vehicle wholesales—dispatches from the factory shop floor to dealerships—fell 15% year-on-year to 37,083 units in June 2025 compared with 43,524 units in the same month last year.

In the first quarter of the financial year 2025-26, Tata Motors’ domestic wholesales declined 10% year-on-year to 123,839 units.

“In Q1 FY26, the passenger vehicle industry experienced volume pressures, particularly in May and June, with flat growth reflecting continued softness in demand,” said Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd.

The electric vehicle segment emerged as a bright spot, driven by robust growth and the launch of new EV models across OEMs, enhancing customer interest and consideration, Chandra said.

“Tata Motors reported wholesales of 124,809 units in Q1 FY26, including 16,231 EV units, underscoring our commitment to aligning wholesale and registration volumes,” Chandra added.

EV sales gained strong momentum towards the end of the quarter with a healthy growth trajectory, said Chandra. “The refreshed Tiago posted 16% year-on-year volume growth in Q1 FY26 and new launches—Altroz and Harrier.ev— saw a positive market response, with their full impact expected in the coming months,” he added.

“Looking ahead, while overall industry growth is expected to remain subdued, Tata Motors is well positioned to leverage its new launches to outperform across segments—including hatchbacks and SUVs, while continuing to build on the EV momentum,” Chandra said.

Tata Motors’ commercial vehicles recorded domestic sales of 79,572 units, 9.2% decline compared to Q1 FY25. Domestic sales of Medium and Heavy (M&H) and Intermediate Commercial Vehicles (MH&ICV) in June 2025, was 12,871 units versus 14,640 units in June 2024. In Q1 FY26, it was 37,370 units, compared to 40,349 units in Q1 FY25.

“Q1 FY26 began on a subdued note for the commercial vehicle industry with muted performance in the HCV and SCVPU segments while Buses, Vans, and ILMCVs registered modest year-on-year growth,” said Girish Wagh, Executive Director, Tata Motors.

“However, June 2025 witnessed a sequential growth of 8% over May 2025. Additionally, our International Business delivered a robust 67.9% growth in volumes over Q1 FY25,” said Wagh.

“During the quarter, we launched India’s most affordable mini-truck, the Ace Pro, offered in petrol, bi-fuel, and electric powertrains, which received an encouraging market response. We enhanced driver comfort by introducing airconditioned cabins across our entire range of light to heavy trucks. We also expanded our international footprint by entering Egypt and expanded our offerings for the Middle East & North African region,” said Wagh.

“With forecasts for a healthy monsoon across the country, reduction in repo rate and renewing thrust on infrastructure development, we expect commercial vehicles volumes to improve progressively in the coming quarters. We remain focused on driving our demand-pull strategy and deepening customer engagement to deliver greater value and tailored solutions that help our customers grow their business,” he added.