Tata Motors on Sunday reported a 9 per cent year-on-year decline in total sales at 70187 units in May. The Mumbai-based auto major had reported total sales of 76766 units in May 2024. Domestic sales declined 10 per cent year-on-year to 67429 units as compared to 75173 units in the year-ago period Tata Motors said in a statement. Total passenger vehicle sales declined 11 per cent year-on-year to 42040 units in May. Commercial vehicles sales stood at 28147 units as compared to 29691 units a dip of 5 per cent. At 9:20 am shares of the company were trading at Rs 711 lower by 1.2 percent from the last close. Tata Motors declined 2 percent to Rs 707 in morning trade on June 2 after the report of dip in companys vehicle sales. Tata Motors shares are down 3 percent since the beginning of the year. The company reported a 51 percent fall in net profit in the quarter ended March 2025. It posted a consolidated net profit of Rs 17407 crore in the same quarter last fiscal. Its consolidated total revenue from operations increased 0.4 percent at Rs 119503 crore against Rs 119033 crore in the year-ago period. However the sales volumes at JLR rose 1.1 percent in the quarter due to a strong demand for its SUVs in North America and Europe. Jefferies has given an underperform rating on Tata Motors with a target price of Rs 630 per share. (With Inputs From PTI)