The total sales of passenger vehicles in India increased by 11 percent last February, according to the Association of Indian Automobile Manufacturers.
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| Automobile sector |
Last February 2023, the vehicle manufacturers produced and supplied 3.34 lakh passenger vehicles to agents. Last month, they manufactured and delivered 3.70 lakh vehicles.
This is an 11 percent increase over the previous year. Similarly, two-wheelers and three-wheelers have seen a growth of 35 and 8 percent respectively.
In this regard, the Association of Indian Automobile Manufacturers has informed as follows:
Passenger vehicles recorded their highest monthly sales in February due to continued demand from the SUV segment.
Two-wheelers and three-wheelers also saw growth over February last year. Only commercial vehicles saw a slight decline. Strong domestic manufacturing growth in the December quarter helped the auto sector. It has been reported.
Vehicle sales growth rate.
Sales of passenger vehicles..Feb., 23. 3,34,790 Feb., 24 3,70,786. 11% growth..
Sale of two wheelers.. Feb., 23. 11,29,661 Feb., 24. 15,20,761 . 35 % growth.
Sale of three wheelers.. Feb., 23. 50,382 Feb., 24. 54,584. 8% growth..
Source: Association of Automobile Manufacturers of India.