Tata Motors Limited on Friday (August 1, 2025) reported its total vehicle sales for July 2025 at 69,131 units, reflecting a 3.98% year-on-year (YoY) decline compared to 71,996 units sold in July 2024. However, the month marked a major milestone in electric vehicle (EV) adoption, as the company recorded its highest-ever monthly EV sales.

In a statement issued to stock exchanges pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, Tata Motors shared its domestic and international market performance, highlighting a strong showing in commercial vehicle exports and a notable dip in overall passenger vehicle demand.

Domestic performance sees mixed trends

Tata Motors’ domestic sales stood at 65,953 units in July 2025, lower than the 70,161 units sold in the same month last year, reflecting a 6% YoY decline.

Commercial Vehicles (CV)

In the Commercial Vehicles segment, Tata Motors posted a 7% YoY growth, with total sales reaching 28,956 units as compared to 27,042 units in July 2024.

Category-wise highlights include:

• Heavy Commercial Vehicles (HCV): 6,735 units, up by 4%

• Intermediate, Light & Medium CVs (ILMCV): 5,068 units, up by 17%

• Passenger Carriers: 4,749 units, up by 7%

• Small CV cargo and pickups: 9,880 units, down by 3%

The domestic sales of Medium & Heavy CVs (MH&ICV), including both trucks and buses, stood at 12,387 units, a 10.9% increase from 11,174 units in July 2024.

The total MH&ICV sales, combining domestic and international business, rose to 13,669 units, from 11,886 units last year, showing a 15% growth.

Exports of commercial vehicles also witnessed strong growth, with International Business (IB) CV sales rising 57% YoY, reaching 2,524 units from 1,606 units in July 2024.

Passenger Vehicles see dip but EVs surge

The Passenger Vehicle (PV) segment, including Electric Vehicles (EVs), saw a decline of 11% YoY, with total sales at 40,175 units in July 2025, down from 44,954 units in the same month last year.

Breakdown:

• Domestic PV Sales: 39,521 units vs. 44,725 units in July 2024 (-12% YoY)

• International PV Sales (PV IB): 654 units vs. 229 units (+186% YoY)

The silver lining came from Electric Vehicle sales, which jumped 42% YoY to 7,124 units, compared to 5,027 units in July 2024, marking the highest-ever monthly EV sales for the company.

The PV data includes contributions from Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, subsidiaries of Tata Motors Limited.

Market reaction and strategic outlook

Industry experts say the mixed July performance reflects uneven consumer sentiment and inventory adjustments ahead of festive season demand. While passenger vehicle volumes dipped, possibly due to muted rural demand and elevated interest rates, the robust commercial and EV performance offers confidence in the company's strategy.

The strong EV growth underscores Tata Motors' position as a leader in India’s electric mobility transition. With rising awareness, increased model availability, and charging infrastructure expansion, EV adoption is expected to remain on a strong upward trajectory.

The commercial vehicle momentum, especially in exports and mid-segment trucks, indicates healthy infrastructure and freight demand across both domestic and international markets.

Summary of July 2025 Sales Performance

Conclusion

Tata Motors' July 2025 performance reflects its resilience in commercial segments and strategic leadership in EVs, despite a slowdown in passenger vehicle sales. The record-breaking EV numbers mark a significant step forward in its zero-emission mobility journey, while export growth indicates expanding global footprint.

Investors and stakeholders will be closely watching upcoming months to see how the company navigates evolving domestic consumption trends and capitalises on electric transition momentum.

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