The Fact Maker

Tata Motors Leads SUV Market with Nexon and Punch

Key highlights:

  • Nexon ranked as the #1 SUV three years in a row (as of FY24)
  • Nexon celebrates 7 Lakh Sales milestone and its 7th Anniversary
  • Nexon and Punch ranked as #1 and #2 in the SUV category for FY24
  • Punch became the #1 selling car in March and April 2024
  • Nexon.ev and Punch.ev become the first EVs to achieve 5-star BNCAP rating, with Punch.ev becoming India’s safest EV

Bengaluru: Tata Motors, one of India’s leading automotive manufacturers, ended FY24 on a high, with its two products, Punch and Nexon, emerging as the best-selling SUVs in the country. Tata Nexon grabbed the pole position, dominating this segment three years in a row, despite aggressive competition in the segment, with Punch being a close second. Tata Nexon also recently achieved the magnanimous 7 lakhs sales milestone in its 7th year making it the most loved SUV of India.

The compact SUV segment has shown remarkable growth over the years, making it the most competitive and contested segments and Tata Motors is committed to be one of the leaders in this space. It is evident from the company’s consistent investment in various innovations for the Nexon and Punch.