The Tata Punch achieved the landmark gross sales determine in simply 34 months since its launch in October 2021 and has turned out to be one of many top-selling v
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Tata Motors has introduced that its most accessible SUV, the Punch, has crossed the 4 lakh gross sales milestone. The Tata Punch achieved the landmark gross sales determine in simply 34 months since its launch in October 2021. The subcompact mannequin kickstarted the brand new micro SUV section with its butch seems to be, tall stance, and excessive floor clearance. The Punch has been one among Tata’s high sellers in recent times and one of many nation’s top-selling automobiles.
Tata Punch Gross sales
Having been launched in October 2021, the Punch hit the primary one lakh gross sales milestone in August 2022, barely 10 months after launch. The mannequin turned out to be an instantaneous hit for the automaker and gross sales continued to rise with the 2 lakh gross sales mark arriving in Might 2023. The subsequent one lakh gross sales have been achieved inside seven months in December 2023, whereas the 400,000 mark has taken seven months since.
Talking on the accomplishment, Vivek Srivatsa, Chief Industrial Officer, Tata Passenger Electrical Mobility, stated, “Tata Motors has all the time been recognized for its deep understanding of the Indian shopper. This attribute permits us to create disruptive but extremely practical merchandise. With the Punch, we not solely launched the Indian market to a brand new sub-segment but additionally efficiently democratized the SUV attributes by providing a complete bundle in a compact footprint. We’re elated that the Punch has resonated so nicely with Indian shoppers and has progressively discovered a loyal buyer base, who’ve turn into its greatest model ambassadors. We take nice delight in crossing this milestone and are assured that the following 1 Lakh can be achieved even quicker.”
Tata Punch Gross sales Progress
The vast majority of Punch’s gross sales come from the petrol variant at 53 per cent, adopted by the CNG variant at 33 per cent and 14 per cent from the EV choice. Tata says the Punch noticed a 75 per cent year-on-year progress in gross sales in FY2024, capturing a 68 per cent market share within the section. In the meantime, the Punch EV has additionally been a powerful vendor for the automaker and has contributed a further 15 per cent to the general gross sales progress of the Punch model.
The Tata Punch EV additionally holds the excellence of being the primary EV in India to achieve the 13,000 gross sales mark and continues to be a powerful vendor for the automaker.
Watch: Tata Punch EV evaluate: Packs extra punch with electrical energy
With a 17.7% market share within the compact SUV section, the Punch’s success is additional evidenced by its place because the highest-selling automobile throughout all segments (YTD FY25). Demonstrating a 27% year-on-year improve in its gross sales for FY24, the Punch has been the top-selling SUV from January 2024 to June 2024. The Punch’s petrol variant contributes 53% to the general Punch gross sales when it comes to total gross sales, adopted by 33% by its CNG variant and 14% by its EV variant (CY24).
First Revealed Date: 02 Aug 2024, 13:57 PM IST
