Passenger vehicle dispatches rise 11% to 291,928 units in Feb: Siam

PV exports decreased by 9.24 percent Y-O-Y to 46,486 units in February this year. Maruti Suzuki, largest exporter of PVs, saw its foreign sales decrease by 28.7 percent to 16,956 units

Domestic passenger vehicle (PV) sales grew by 11 per cent year-on-year (YoY) in February to 291,928 units amid positive consumer sentiment and high production, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.

Two-wheeler sales in India continued to grow at a moderate pace of about 8 per cent in February to 1.12 million units amid lukewarm demand.

Among PV makers, Toyota Kirloskar’s domestic wholesales jumped by 75.18 per cent in February to 15,323 units, according to SIAM data. Kia’s domestic wholesales increased by 35.8 per cent to 24,600 units in February 2023. 

Maruti Suzuki,