Tata Nexon And Punch Are No 1 And No 2 Selling SUVs – Over 3.41 Lakh Sold In FY24

The mainstream SUV segment is currently overcrowded with a bunch of sub 4m and compact offerings. Even though Tata Motors doesn’t currently have a compact SUV offering, it has aced the mainstream SUV segment with Nexon and Punch at 1st and 2nd position respectively in FY 2023 – 2024 SUV sales.

This is quite a feat for Tata Motors and the company is expecting to amplify this effect with the launch of Curvv compact SUV and continue dominating this mainstream SUV segment. Currently, the champions for Tata Motors are Nexon and Punch, securing 1st and 2nd positions in FY 2023 – 2024.

Celebration is more profound in the case of Tata Nexon which has secured 1st position in SUV segment for the third consecutive year in a row. In this sense, Nexon was the best-selling SUV in India in FY 2021 – 2022, FY 2022 – 2023 and FY 2023 – 2024. With this, Tata Motors has securely positioned itself as India’s #1 SUV maker.

Punch proved to be a great addition to Tata’s lineup and has all the ingredients to be the company’s next superstar. We wouldn’t be surprised if Punch surpassed Nexon in sales one day and gain 1st position. We say this because the pace at which Punch is racking sales numbers is very commendable and is getting closer to Nexon with every month passing by.

The two rockstars from Tata Motors have been appealing propositions in their respective segments for many reasons. For starters, they promise among the best crash safety propositions with a full fat 5 Star rating from Global NCAP. After looks, design, technology and features, both Punch and Nexon offer three fuel options including electric. With upcoming i-CNG variant, Nexon will be India’s only mainstream car with 4 fuel options.

Where sales are concerned, numbers speak for themselves. Analysing sales performance of FY 2023 – 2024, Nexon sold an average of 14,308 units per month, while it was 14,128 units per month average for Punch. In H1 FY 2023 – 2024, Tata Motors sold 78,975 units of Nexon and 72,086 units of Punch.

However, as the FY progressed, Tata Motors sold 92,722 units of Nexon in H2 FY 2023 – 2024 and 97,450 units of Punch in the same period. At the beginning of FY 2023 – 2024, Nexon had around 5K units per