Passenger vehicle sales grew 11 per cent in February as demand for utility vehicles stood strong, the Society of Indian Automobile Manufacturers (Siam) said on Friday.
Wholesale passenger vehicle volumes rose 291,928 units from 262,984 units a year ago. Sales of passenger cars and utility vehicles formed up to 96 per cent of the total.
Passenger car sales rose to 1,42,201 units in February against 1,33,572 units in the year-ago period. Similarly, utility vehicle dispatches, including sports utility vehicles, rose to 1,38,238 units compared with 1,20,122 units in February 2022. Dispatches of vans rose to 11,489 units last month from 9,290 units in February 2022.
Maruti Suzuki India dispatched 1,02,565 units last month to dealers, an increase of 3 per cent from 99,398 units a year ago. Hyundai Motor India sold 24,493 units last month compared with 21,501 units in February 2022.
The total two-wheeler wholesale dispatches rose 8 per cent to 11,29,661 units against 10,50,079 units in February last year. Motorcycle dispatches increased to 7,03,261 units last month from 6,58,009 units in February 2022. Similarly, scooter dispatches rose to 3,91,054 units from 3,56,222 units a year ago.