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Tata Motors Navigates Market Headwinds with Strategic Resilience in Q1 FY26

Updated: July 08, 2025 16:20

Image Source: Groww
Tata Motors Group reported global wholesales of 2,10,415 units in Q1 FY26, reflecting a 9% yearonyear decline from 2,29,891 units in Q1 FY25. Despite volume pressures, the company showcased agility through product innovation and international expansion.
 
Commercial Vehicle Performance
  • Total CV sales stood at 85,606 units, down 6% YoY
  • Domestic CV sales dropped 9% to 79,572 units, impacted by muted demand in HCV and SCV segments
  • International CV business surged 68% YoY to 6,034 units, driven by new market entries including Egypt and expanded offerings in MENA
Passenger Vehicle Trends
  • PV wholesales reached 1,24,809 units, marking a 10% YoY decline
  • Domestic PV sales fell 10% to 1,23,839 units, with softness in May and June
  • EV sales totaled 16,231 units, nearly flat YoY, but gained momentum toward quarterend
  • The refreshed Tiago posted 16% YoY growth; Altroz and Harrier.ev received strong initial market response
Jaguar Land Rover Snapshot
  • JLR wholesales (excluding China JV) were 87,286 units, down 10.7% YoY
  • Declines in UK, Europe, and North America were offset by growth in China and MENA
  • Range Rover, Range Rover Sport, and Defender accounted for 77.2% of JLR’s Q1 volumes
Strategic Outlook
  • Tata Motors launched the Ace Pro minitruck in multiple powertrains, enhancing affordability
  • Airconditioned cabins introduced across truck range to boost driver comfort
  • With monsoon forecasts and infrastructure push, CV volumes are expected to recover
Sources: Tata Motors, JM Financial Services, MarketScreener, Automotive World.

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