Just In
- 1 hr ago Marelli Develops Revolutionary Automotive Lighting Platform In China
- 2 hrs ago Honda Motorcycle & Scooter India Reaches 6 Crore Sales Milestone
- 3 hrs ago Kia EV9 Crowned World Car Of The Year At 2024 Awards, Showcasing EV Dominance
- 4 hrs ago Suzuki V Storm 800 DE India Launch On March 29 – All Details Here Including Specs
Don't Miss!
- Movies Crew Budget & Box Office Target: Here’s How Much Kareena-Tabu-Kriti’s Film Should Earn To Become A HIT
- Sports Rishabh Pant becomes first player to play 100 matches for Delhi Capitals: Check Top Five List
- Finance 2:1 Stock Split, Rs 3.50/Share Dividend: ICICI Direct Has "BUY" On Multibagger PSU, TP Rs 1050
- Technology HONOR Pad 9 With Bluetooth Keyboard Up For Grabs At Rs 22,499 in India
- News Good Friday 2024: Date, History, Significance, And Everything You Need To Know
- Education RSMSSB Junior Instructor Recruitment 2024; Apply online for 2500 Posts, Check out for more details
- Lifestyle Aditi Rao Hydari Marries Siddharth, Exploring Heeramandi Star's Ethnic Style Statements, Bookmark Now!
- Travel Explore Tamil Nadu's Diverse Wedding Venues
Overview Of Four-Wheeler Sales In February
February saw mixed sales numbers in terms of automobile sales in India. Few factors that affected sales were unexpected hike in fuel prices, high interest cost and general hike in car prices.
Maruti Suzuki, India's largest carmaker reported a sales growth of 8.7 percent, selling 118,551 units last month.
South Korean carmaker Hyundai, who is based in Chennai, recorded a sales growth of 2.4 percent in February, including exports. Hyundai sold 47,612 units during February 2015.
Tata Motors recorded 11 percent overall growth, including exports. Domestic sales alone, Tata Motors recorded 14 percent growth.
Mahindra, India's largest Utility Vehicle maker recorded 10 percent decline in sales, including exports. Domestic sales alone registered a decline of 11 percent in February.
Japanese carmaker Toyota registered a growth of 17 percent in sales, including the company's exports.
US carmaker General Motors' sales plummeted 22.95 percent last month. GM took the worst beating in terms of sales.
Honda, the other big Japanese player in the Indian car market, registered a growth of 16 percent last month in sales.
Manufacturer |
Sales
in
Feb
2015
(%
Growth/Loss) |
Maruti Suzuki |
+8.7
% |
Hyundai |
+2.4
% |
Tata Motors |
+11
% |
Mahindra |
-10
% |
Toyota |
+17
% |
General Motors |
-22.95
% |
Honda |
+16
% |