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

As Tata Motors ended the financial year 2024, its two models – Tata Nexon and Tata Punch were the top SUVs in the sales charts. Of these, Tata Nexon was the best selling SUV followed by Punch. Tata Nexon has been winning the best selling SUV medal for three consecutive years. However, Tata Motors is no longer the best-selling SUV manufacturer and lags behind Mahindra and Maruti Suzuki. Tata Nexon recently crossed the milestone of 7 lakh sales, 7 years after its launch. Tata is going to introduce this car in a new CNG version by the end of the year, after which its sales are expected to increase further.

According to Tata Motors, Nexon and Punch were the best-selling SUVs in FY 2024, with the Nexon taking the first position and the Punch taking the second position. Tata Nexon secured the top position by selling 1,71,697 units in FY 2023-24. 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 Was. Currently, the 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 a positive change. 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 has seen an increase in market share within this segment from 4% to 7% and market share in the large SUV market has increased from 8% to 14%.