Auto Sales in February 2021: Major car companies Maruti Suzuki, Hyundai and Tata Motors have seen strong sales growth in the domestic market in February. Due to the COVID-19 epidemic, the demand for private vehicles in the market remains good. Other companies, including Toyota Kirloskar Motor (TKM), Mahindra & Mahindra and Honda Car India, also have strong sales. Total sales of Maruti Suzuki India increased by 11.8 percent to 1,52,983 in February this year. In February 2020, the company sold 1,36,849 vehicles.
If you look at the sales figures of the country’s largest car company in the month of February, the most growth is coming in the compact and utility vehicles segment. At the same time, the mid-size sedan and mini segment saw a decline. From this, an estimate can be made that new car buyers are looking for more options in the compact and SUV segment.
Maruti Suzuki has the most demand in compact and utility
According to the sales data released by Maruti Suzuki, the category that has the highest demand is compact and utility vehicles. In February 2021, sales of the compact segment increased by 15.3 per cent to 80,517 units. In February 2020, the company sold a total of 69,828 cars in this segment. Maruti sells WagonR, Swift, Celerio, Ignis, Baleno and Dzire models in this segment.
Similarly, Maruti’s utility vehicles sales rose 18.9 per cent to 26,884 units last month, while the company sold 22,604 cars in this category in February 2020. Maruti sells Vitara Brezza, S-Cross, Ertiga, XL6 and Gypsy in this category.
Demand for cars in Maruti Suzuki’s mini and mid-size segment is declining. Their sales fell 12.9 per cent to 23,959 units last month, while in February 2020 the company sold a total of 27,499 cars in the Alto and Espresso models.
Hyundai’s domestic sales rise by 29 percent
Hyundai Motor India’s domestic sales grew 29 percent. It reached 51,600 units, up from 40,010 units in February 2020. HMIL Director (Sales, Marketing & Service) Tarun Garg said that the company is constantly waiting for SAIL to revive, thereby contributing towards economic recovery and allowing the industry to grow at COVID-19 pre-SAIL levels. Is getting closer
Tata Motors passenger vehicle sales rose twice in the domestic market to 27,225 units last month. Similarly, Mahindra & Mahindra’s passenger vehicle dealers have increased by 41 percent. The company sold 15,391 units last month, up from 10,938 units in the year-ago period.
Domestic sales of Japanese auto company TKM rose by 14 per cent to 14,075 units in February. The company had sold 10,352 units in February last year.