Auto Sales February 2024: Maruti Suzuki domestic PV sales rise 9%, Tata Motors registers 20% growth
Auto sales India February 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: Auto makers started to report their sales data for the month gone by on March 1, 2024, with Mahindra & Mahindra (M&M) clocking a 40 per cent year-on-year jump in SUV sales, and Bajaj Auto reporting 25 per cent growth in two-wheeler sales. Catch the latest data from manufacturers across segments, including passenger cars, two-wheelers, commercial vehicles, electric vehicles and farm equipment.
Auto sales India February 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: Auto makers started to report their sales data for the month gone by on March 1, 2024, with Bajaj Auto registering a 25 per cent year-on-year jump in two-wheeler offtake. Catch the latest data from manufacturers across segments, including passenger cars, two-wheelers, commercial vehicles, electric vehicles and farm equipment.
Catch latest updates here:
Latest Updates
Auto Sales February 2024 LIVE: Hyundai Motor US sales up 6% driven by hybrids, EVs
South Korea's top automaker Hyundai Motor registers a 6 per cent increase in sales in the United States in February. It sells a total of 60,341 units in the world's largest auto market during the month.
The gain is led by a rise in eco-friendly models, such as hybrid and electric vehicles, reports news agency Yonhap.
"Hyundai's sales of electric vehicles and plug-in hybrids are steadily rising, with significant year-over-year growth," says Randy Parker, CEO of Hyundai Motor America.
"We take pride in the recognition our EV and plug-in hybrid models have received and remain committed to providing our customers with a diverse range of products."
Kia Corp, its sister company, sells a total of 59,059 units in the US last month, down 3 per cent on a year-on-year basis.
Auto Sales February 2024 LIVE: Hero MotoCorp total domestic sales up 6.6% in April-February
The company registers total sales of 49,61,275 units in the domestic market in the first 11 months of the financial year, as against 46,53,063 units a year ago.
Image: Regulatory filing
Auto Sales February 2024 LIVE: Hero MotoCorp total sales rise 19%
Hero MotoCorp reports total sales of 4,68,410 units in February 2024, translating into a year-on-year increase of 19 per cent.
The manufacturer of motorcycles and scooters says:
- February volumes indicate continuously improving consumer sentiments
- Expect positive trend to continue in coming months on the back of favourable economic indicators
- Started sales of recently launched Xtreme 125R motorcycle in line with strategy of growing core, expanding premium product portfolio
- Expanded upper premium portfolio of 440cc motorcycles with Mavrick 440 launch; deliveries to begin in April 2024
- In process of scaling up volumes of Harley-Davidson X440, Mavrick 440; first phase should be completed by the middle of the year
- More than 370 Hero 2.0 dealerships operational
Auto Sales February 2024 LIVE: TVS Motor Company exports surge 85%
The two- and three-wheeler maker stages a strong performance in its international business, as reflected in growth of 85 per cent in its total exports to 98,856 units in February 2024.
Out of the total exports, the two-wheeler clocks a jump of 98 per cent to 90,308 units in the month gone by.
Auto Sales February 2024 LIVE: TVS Motor Company electric vehicle sales up 16%
TVS Motor reports growth of 16 per cent in EV sales to 17,959 units in February 2024.
Auto Sales February 2024 LIVE: TVS Motor Company motorcycle sales growth at 46%
TVS Motor Company's sales in the motorcycle segment come in at 1,84,023 units last month as against 1,26,243 units in February 2023.
Sales in the scooter segment increase 26 per cent to 1,32,152 units in February 2024.
Auto Sales February 2024 LIVE: TVS Motor Company domestic two-wheeler sales up 21%
The auto market's two-wheeler sales in the domestic market stand at 2,67,502 units in February 2024 as against 2,21,402 units in February 2023.
Auto Sales February 2024 LIVE: TVS Motor two-wheeler sales jump 34%
TVS Motor Company's two-wheeler sales increase 34 per cent to 3,57,810 units last month.
Auto Sales February 2024 LIVE: TVS Motor total sales rise 33%
TVS Motor Company reports total sales of 3,68,424 units in February 2024 as against 2,76,150 units in the corresponding month a year ago.
Auto Sales February 2024 LIVE: Suzuki Motorcycle India domestic sales up 59%
The auto maker reports domestic sales of 83,304 units in February 2024 as against 52,451 units a year ago.
Its exports come in at 14,131 units in February 2024 as against 18,170 units in February 2023.
Auto Sales February 2024 LIVE: Suzuki Motorcycle India total sales up 38% at 97,435 units
Suzuki Motor Corporation subsidiary Suzuki Motorcycle India registers sales of 97,435 units in February 2024, driven by robust demand, as against 70,621 units in February 2023.
Auto Sales February 2024 LIVE: Maruti Suzuki India domestic PV sales up 9% in April-February
The auto maker reports sales of 16,07,163 passenger vehicles in the domestic market in the first 11 months of the current financial year, as against 14,74,107 units for the corresponding period a year ago.
Image: Regulatory filing
Auto Sales February 2024 LIVE: Maruti Suzuki India exports 28,927 units
The auto major registered total exports of 17,207 units in February 2023.
Auto Sales February 2024 LIVE: Maruti Suzuki India compact segment sales at 71,627 units
Maruti Suzuki India registers sales of 71,627 units in its compact unit, which comprises the Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR cars.
The segment saw sales of 79,898 units in February 2023.
Auto Sales February 2024 LIVE: As Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, S-Cross, XL6 shine, Maruti Suzuki clocks 82.5% jump in utility vehicle sales
Maruti Suzuki India's total sales in the UV segment, comprising its Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, S-Cross and XL6 models, come in at 61,234 units in February 2024 in a sharp increase from 33,550 units in February 2023.
Auto Sales February 2024 LIVE: Maruti Suzuki India domestic PV sales up 8.7%
The country's largest carmaker reports sales of 1,60,271 passenger vehicles in the domestic market last month, as against 1,47,467 units in February 2023.
Image: Reuters
Auto Sales February 2024: Maruti Suzuki total domestic sales at 1,68,544 units vs 1,55,114 units in February 2023
Maruti Suzuki India, the country's largest carmaker, reigsters total sales, including passenger vehicles and light commercial vehicles, of 1,68,544 units in February 2024, an increase of 8.7 per cent on a year-on-year basis.
Auto Sales February 2024 LIVE: Ashok Leyland domestic sales at 16,451 vehicles, down 6%
Ashok Leyland registers sales of 16,451 units in the domestic market last month, as against 17,568 units a year ago.
Auto Sales February 2024 LIVE: Ashok Leyland total sales down 6%
Ashok Leyland reports total sales of 17,464 vehicles in the month gone by, as against 18,571 units in February 2023.
Auto Sales February 2024: Tata Motors total passenger vehicle sales up 19%; domestic PV sales up 20%
Tata Motors clocks 19 per cent growth in total sales in the passenger vehicle segment, including its EV subsidiaries Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, to 51,321 vehicles in February 2024. Out of those, total PV sales in the domestic market stand at 51,267 units in the month gone by as against 42,862 units a year ago.
Image: Regulatory filing
Auto Sales February 2024: Tata Motors CV exports rise 7%
Tata Motors registers exports of 1,518 commercial vehicles in February 2024 as against 1,421 units in the comparable period a year ago.
Image: Regulatory filing
Auto Sales February 2024: Tata Motors domestic commercial vehicle sales down 4%
Tata Motors reports sales of 33,567 commercial vehicles in the domestic market in February 2024 as against 35,144 units in February 2023.
Auto Sales February 2024: Tata Motors domestic sales up 9% at 84,834 units
Tata group auto giant Tata Motors registers total sales of 84,834 units in the domestic market last month as against 78,006 units in February 2023.
Auto Sales February 2024: Tata Motors shares up 2.5%, not far from all-time high hit earlier today
Tata Motors shares are up by Rs 23.8, or 2.5 per cent, at Rs 974.6 apiece at this hour, having scaled a record high of RS 978.5 apiece earlier in the day.
Image: BSEIndia.com
Auto Sales February 2024: Tata Motors total sales jump 8.4%; CV sales down 4%
Auto Sales February 2024 LIVE: Royal Enfield sess 2% rise in sales of motorcycles up to 350cc engine capacity
Sales in the up-to-350cc category increased to 66,157 motorcycles in February 2024 from 64,810 motorcycles in February 2023.
Image: Regulatory filing
Auto Sales February 2024 LIVE: Royal Enfield exports growth at 13%
Eicher Motors reports sales of 8,013 Royal Enfield motorcycles in the international market last month, as against 7,108 motorcycles a year ago.
Image: Reuters
Auto Sales February 2024 LIVE: Eicher Motors subsidiary Royal Enfield registers 6% growth in total sales
Royal Enfield's total sales stand at 75,935 units in February 2024 as against 71,544 units in the comparable period a year ago.
Auto Sales February 2024 LIVE: Escorts Kubota in demand on Dalal Street
Escorts Kubota shares are enjoying similar gains following a positive start to the day minutes after the release of its sales report.
The stock is up 1.5 per cent at Rs 2,897 apiece at this hour, having gained by as much as Rs 72.1, or 2.5 per cent, to Rs 2,926.7 apiece earlier in the day.
stock market updates here
Auto sales February 2024 LIVE: Mahindra & Mahindra shares give up some of day's losses after scaling all-time peak
M&M shares are holding on to green territory with a gain of 0.9 per cent at Rs 1,950.9 apiece, having risen as much as 2.1 per cent to touch a record high of Rs 1,974.6 apiece within the first few minutes of trade today.
stock market updates here
Auto sales February 2024 LIVE: Bajaj Auto holds on to day's gains on D-Street
As headline indices touch new milestones, Bajaj Auto shares are holding on firmly to the green zone, up 2.0 per cent at Rs 8,068.7 apiece on BSE at this hour.
stock market updates here
Auto Sales February 2024 LIVE: Escorts Kubota domestic tractor sales down 4.1% in March 2023-February 2024 period
The tractor maker's total tractor sales in the domestic market stand at 82,185 units in the first 11 months of the current financial year, a decline of 4.1 per cent compared with the year-ago period.
Image: Regulatory filing
Auto Sales February 2024 LIVE: Escorts Kubota exports down 22%
Escorts Kubota reports exports of 440 tractors in February 2024, down 22.3 per cent compared with the year-ago period.
Auto Sales February 2024 LIVE: Escorts Kubota domestic tractor sales at 6,041 units
Escorts Kubota reports sales of 6,041 tractors in the domestic market last month, marking a decline of 16.6 per cent compared with the year-ago period.
Auto Sales February 2024 LIVE: Escorts Kubota total tractor sales at 6,481 units; domestic tractor sales down 16.6%
Escorts Kubota sells a total of 6,481 tractors in February 2024, down 17 per cent on a year-on-year basis.
Auto Sales February 2024 LIVE: M&M domestic utility vehicle sales up 31% so far this financial year
Taking into account February's numbers, Mahindra & Mahindra's total sales of utility vehicles in the domestic market are up 31 per cent for the first 11 months of the current financial year.
The sales tally, for the 11-month period from March 2023 to February 2024, stands at 4,19,233, as against 3,20,985 units for the comparable period a year ago.
Image: Regulatory filing
Auto Sales February 2024 LIVE: Mahindra & Mahindra CV sales up 9.5%
M&M reports total commercial vehicle sales of 22,825 units last month.
Auto Sales February 2024 LIVE: Mahindra & Mahindra total tractor sales down 16%
M&M reports total sales of 21,672 tractors in February 2024, a decline of 16 per cent compared with the year-ago period.
Tractor sales in the domestic market fell drop 18 per cent to 20,121 units.
Auto Sales February 2024 LIVE: Mahindra & Mahindra total exports at 1,539 units vs 2,250 units a year ago
M&M reports total exports of 1,539 units in February, a fall of 32 per cent compared with the corresponding period a year ago.
Image: Regulatory filing
Auto Sales February 2024 LIVE: Mahindra & Mahindra domestic utility vehicle sales increase 40%
Mahindra & Mahindra clocks growth of 40 per cent in domestic sales in the utility vehicles segment to 42,401 vehicles.
Auto Sales February 2024 LIVE: M&M sells 42,401 SUVs
“In our endeavour to make some of our SUVs available faster to consumers, we launched the Scorpio N Z8S variant and the Thar Earth edition this month," says Veejay Nakra, President-Automotive Division, M&M.
Auto Sales February 2024 LIVE: Mahindra & Mahindra domestic CV sales at 22,825
The auto major registers sales of 22,825 light commercial vehicles in the domestic market in February 2024.
Image: Regulatory filing
Auto Sales February 2024 LIVE: Mahindra & Mahindra total utility vehicle sales at 42,941 units
Mahindra & Mahindra registers total sales of 42,941 vehicles, including exports, in the utility vehicles segment last month.
Auto Sales February 2024 LIVE: Mahindra & Mahindra total sales up 25% at 72,923 units
Mahindra & Mahindra (M&M) reports total auto sales of 72,923 vehicles (including exports) last month, marking growth of 24 per cent on a year-on-year basis.
Auto Sales February 2024 LIVE: Bajaj Auto domestic CV sales up 10%
Bajaj Auto, whose popular motorcycles include Bajaj Pulsar, Bajaj Dominar and Bajaj Discover, reports sales of 36,367 commercial vehicles in the domestic market last month, as against 32,956 units a year ago.
Total sales (including exports) in the CV segment come in at 51,978 units, up 16 per cent on a year-on-year basis.
Auto sales February 2024: Bajaj Auto domestic two-wheeler sales zoom 42%
Bajaj Auto's total two-wheeler sales in the domestic market increase to 1,70,527 units in February 2024 from 1,20,335 units in February 2023.
Auto sales February 2024: Bajaj Auto exports up 10% at 1,39,768 units
Bajaj Auto's total exports stood at 1,26,935 units in February 2023.
Auto sales February 2024: Bajaj Auto domestic sales jump 35%
Bajaj Auto's total sales in the domestic market rise 35 per cent on a year-on-year basis to 2,06,894 units in February 2024.
Auto sales February 2024: Bajaj Auto total sales up 24% at 3,46,662 units
Bajaj Auto's total sales, comprising commercial vehicles and two-wheelers, stood at 2,80,226 units in February 2023.
Here are some key highlights:
- Total sales up 24%
- Two-wheeler sales up 25%
- CV sales up 16 per cent
- Exports up 10%
Welcome to Zeebiz.com's blog on February 2024 auto sales!
Catch latest monthly sales data from the likes of Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Bajaj Auto, Hero MotoCorp, TVS Motor Company, Royal Enfield, Ashok Leyland soon
Are your favourite cars and motorcycles among the top-selling models? Which auto makers are topping the charts and which are lagging?
Find answers to all your questions and the latest trends in the domestic auto sector here.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.