New model launches marginally boost automobile sales in February

New model launches helped automobile sales in February rise a little over the year-ago period, according to monthly data released by companies on March 1.

Cumulative sales of India’s top passenger vehicle makers — Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar — increased to 206,418 units in February over 200,322 units in the same month last year. This is an increase of 3 per cent. Hyundai Motor had not released sales figures till the time of going to press. 

Weak sentiments would have hit sales if it were not for new launches. Automobile firms in