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Passenger vehicle retail sales rise over 10% in Feb on low base effect: FADA

Updated Mar 09, 2021 | 13:49 IST
Two-wheeler sales however declined 16.08 per cent to 10,91,288 units last month, as compared to 13,00,364 units in February 2020.
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New Delhi: Automobile dealers body FADA on Tuesday said passenger vehicle (PV) retail sales in February witnessed an increase of 10.59 per cent to 2,54,058 units on account of low base of last year.
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,274 out of the 1,481 regional transport offices (RTOs), PV sales stood at 2,29,734 units in February 2020.
Two-wheeler sales however declined 16.08 per cent to 10,91,288 units last month, as compared to 13,00,364 units in February 2020. Commercial vehicle sales also slipped 29.53 per cent to 59,020 units, as against 83,751 units a year ago. ....

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Maruti Suzuki sales grow 12% in February; analysts remain positive

Maruti Suzuki sales grow 12% in February; analysts remain positive
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Last Updated: Mar 01, 2021, 04:19 PM IST
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Total sales in the month include domestic sales of 147,483 units, sales to other Original Equipment Manufacturers (OEMs) at 5,500 units and exports of 11,486 units.
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NEW DELHI: Maruti Suzuki India, the largest carmaker in the country, on Monday said its total sales stood at 1,64,469 in February 2021, up 11.8 per cent compared with the corresponding month last year.
Total sales in the month include domestic sales of 147,483 units, sales to other Original Equipment Manufacturers (OEMs) at 5,500 units and exports of 11,486 units.
“Overall the numbers are encouraging and point to continued improvement in demand in the PV segment led by the compact segment. Post the January sales numbers we continue to maintain our positive stance on Maruti which is expected to be the biggest b ....

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