Tata Motors has once again proven its dominance in the Indian SUV market, with the Tata Nexon and Punch retaining their positions as the top-selling SUVs in the country. In the fiscal year 2023-2024, the Nexon emerged as the best-selling SUV, closely followed by the Punch.
While specific sales numbers for their electric vehicle (EV) counterparts have not been disclosed, Tata revealed that the Nexon EV accounted for 12 percent of total Nexon sales, while the Punch EV constituted 16 percent of overall Punch sales during this period.
The last quarter of the fiscal year 2023-2024 witnessed exceptional sales figures for both SUVs. In January 2024, Tata dispatched 17,148 units of the Nexon, while in February 2024, they delivered 18,438 units of the Punch.
Tata’s milestone achievements are noteworthy. The Nexon reached the 1,00,000 unit sales mark in August 2019, and the Punch achieved the same milestone in August 2022. By December 2023, Tata had shipped 6,00,000 units of the Nexon and 3,00,000 units of the Punch.
The Tata Nexon received a significant update in 2023, featuring refreshed exterior design, an upgraded cabin layout, and new features. The Nexon EV underwent a similar refresh, now sporting a larger 12.3-inch touchscreen unit and a claimed range of up to 465 km.
Earlier this year, Tata launched the highly anticipated Punch EV, which shares design elements and features with the refreshed Tata SUVs. With a range of up to 421 km, the Punch EV comes equipped with modern amenities such as a 10.25-inch touchscreen and a 360-degree camera. The standard Punch is also set to receive a facelift, scheduled for release in 2025.
In terms of pricing, the Tata Nexon ranges from Rs 8.15 lakh to Rs 15.80 lakh (ex-showroom), while the Nexon EV starts at Rs 14.74 lakh and goes up to Rs 19.99 lakh (ex-showroom). The Punch is priced between Rs 6.13 lakh and Rs 10.20 lakh (ex-showroom), with the Punch EV ranging from Rs 10.99 lakh to Rs 15.49 lakh (ex-showroom).
Tata Motors continues to impress with its offerings in the SUV segment, providing customers with a range of options that cater to their preferences and budgets. With the Nexon and Punch leading the way, Tata has solidified its position as a dominant player in the Indian automobile market.
Tata Nexon and Punch Maintain Top Positions in Indian SUV Market
Tata Motors has reaffirmed its dominance in the Indian SUV market, as the Tata Nexon and Punch remain the best-selling SUVs in the country. In the fiscal year 2023-2024, the Nexon was the top-selling SUV, followed closely by the Punch.
Sales figures for the electric vehicle (EV) versions of the Nexon and Punch have not been disclosed, but Tata revealed that the Nexon EV accounted for 12 percent of total Nexon sales, while the Punch EV made up 16 percent of overall Punch sales during this period.
Exceptional sales were recorded for both SUVs in the last quarter of the fiscal year 2023-2024. In January 2024, Tata delivered 17,148 units of the Nexon, and in February 2024, they dispatched 18,438 units of the Punch.
– Tata Motors Official Website
Key Terms and Definitions:
– SUV: Sport Utility Vehicle, a type of vehicle that combines features of both a car and an off-road vehicle.
– EV: Electric Vehicle, a vehicle that is powered by electricity instead of gasoline or diesel.
Tata Nexon and Punch Milestone Achievements
Tata Motors’ achievements with the Nexon and Punch are significant. The Nexon reached the milestone of selling 100,000 units in August 2019, while the Punch achieved the same milestone in August 2022. By December 2023, Tata had shipped 600,000 units of the Nexon and 300,000 units of the Punch.
Updates and Features of Tata Nexon and Punch
The Tata Nexon underwent a major update in 2023, which included a refreshed exterior design, an upgraded cabin layout, and new features. The Nexon EV also received a similar refresh and now features a larger 12.3-inch touchscreen unit and a claimed range of up to 465 km.
Earlier in the year, Tata launched the highly anticipated Punch EV, which shares design elements and features with the refreshed Tata SUVs. The Punch EV offers a range of up to 421 km and comes equipped with modern amenities such as a 10.25-inch touchscreen and a 360-degree camera. The standard Punch is also set to receive a facelift, planned for release in 2025.
Pricing Information
The Tata Nexon is priced between Rs 8.15 lakh and Rs 15.80 lakh (ex-showroom), while the Nexon EV starts at Rs 14.74 lakh and goes up to Rs 19.99 lakh (ex-showroom). The Punch is priced between Rs 6.13 lakh and Rs 10.20 lakh (ex-showroom), while the Punch EV ranges from Rs 10.99 lakh to Rs 15.49 lakh (ex-showroom).
Tata Motors in the SUV Segment
Tata Motors continues to impress in the SUV segment by offering customers a range of options that cater to their preferences and budgets. With the Nexon and Punch leading the way, Tata has solidified its position as a dominant player in the Indian automobile market.
– Tata Nexon Official Website
– Tata Punch Official Website