Car and bike makers report stellar sales in February
India's car and bike makers had a blockbuster February.
Driven by strong demand for SUVs and utility vehicles, passenger vehicle wholesales were estimated at around 420,000-425,000 units—way up from last year.
Retail sales across segments also soared, with many brands seeing double-digit growth.
Tata Motors, Maruti Suzuki, Mahindra, and Hyundai saw great results
Tata Motors stole the spotlight with a massive 35% jump in passenger vehicle sales, reaching over 63,000 units.
Maruti Suzuki stayed on top with 1.61 lakh cars sold domestically—steady growth from last year.
Mahindra's utility vehicles climbed 19%, while Hyundai saw its total sales rise to over 66,000 units.
Hero MotoCorp led the 2-wheeler segment
Hero MotoCorp crushed it in the two-wheeler segment, dispatching more than half a million bikes—a huge 45% leap from last year.
Other bike brands also reported strong gains, showing just how much Indians are loving their wheels right now.
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