Car sales grow 4.9% in February, passenger vehicles up 9%
Vehicle sales across categories registered a marginal increase at 17,19,699 units from 17,03,736 in February 2016, it added
New Delhi: Domestic passenger vehicle sales rose 9.01 percent to 2,55,359 units in February, from 2,34,244 in the same month last year.
Domestic car sales were up 4.9 percent at 1,72,623 units as against 1,64,559 in February last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
The figure for motorcycles last month read 8,32,697 units as against 8,59,582 a year earlier, down 3.13 percent.
Total two-wheeler sales in February declined marginally to 13,62,045 units compared to 13,62,177 in the year-ago month.
Sales of commercial vehicles moved up 7.34 percent to 66,939 units in February, SIAM said.
Vehicle sales across categories registered a marginal increase at 17,19,699 units from 17,03,736 in February 2016, it added.
Having opened up the IP on its fast-charging connector in August, Ather Energy will now help Hero MotoCorp incorporate the quick charging technology into its e-scooters.
As per the latest data by Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also witnessed a dip of 17 percent at 15,28,472 units, compared to 18,49,546 in September 2020.
While Hero MotoCorp’s dispatches were down 32 percent, Royal Enfield’s wholesales were down by a whopping 62 percent; revival in demand blunted by chip shortage.