The Indian Automobile Industry volumes for February came in close to January’s strong levels for most segments. Bajaj, Hero Honda and Maruti sales were within 2% from January levels. Tata Motors’ CV volumes grew 7% sequentially.
Maruti Suzuki reports in-line sales for February; domestic sales slightly stronger than anticipated. Maruti reported domestic sales of 84,765 units and exports of 11,885 units for February. Total sales of 96,650.
M&M reported total sales of 38,327 in the domestic market, comprised of 18,280 UVs, 13,140 tractors and 6,907 3-wheelers and