Tata Motors Passenger Vehicles Ltd. recorded 171,013 units in sales for Q3 FY26 in domestic and international markets, up from 139,829 units in Q3 FY25. Shailesh Chandra, MD and CEO, highlighted that CY25 witnessed steady growth for the passenger vehicle (PV) industry, driven by rising SUV preference and increasing adoption of cleaner, emission-friendly powertrains. For Tata Motors, it marked the fifth consecutive year of record-breaking annual sales, with 587,218 units sold, including a record 81,125 EVs in a single calendar year.
Chandra noted that momentum from the rollout of GST 2.0 in late Q2 FY26 carried into Q3, resulting in several new records. The company achieved its highest-ever quarterly wholesales of 171,103 units, while retail sales/registrations crossed 200,000 units for the first time. The Nexon led sales, being India’s top-selling car/SUV in October and November, with around 64,000 units sold in Q3 FY26. The Punch dominated its segment, while the Tiago delivered strong growth, maintaining its popularity among hatchback buyers.
December also stood out, with a 22% YoY growth, and retail sales significantly exceeded wholesales, reducing dealer inventory to around 18 days, reflecting Tata Motors’ focus on demand-led growth and healthy channel management.
The company’s multi-powertrain strategy delivered exceptional YoY growth, with CNG volumes surpassing 47,000 units and SUV sales rising 18%. EV adoption accelerated, supported by enhanced capabilities, longer range, lifetime battery warranty, and price parity with ICE vehicles, resulting in 50% YoY growth in EVs. Q3 FY26 also saw major product launches, including the petrol Harrier and Safari, and the highly anticipated Sierra, which received excellent customer response.
Looking ahead, Tata Motors remains confident in the PV industry’s growth. With deliveries of newly introduced products starting in Q4 and a strong pipeline of upcoming launches and innovations, the company is well-positioned to accelerate its growth trajectory in FY26.