Sunday, March 16, 2025 | 01:14 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Prolonged slowdown: Feb auto sales at a new low due to poor demand

Dealers are looking to cut down on their inventory in March and April

toyota
Premium

Toyota Kirloskar is finalising plans to invest ~1,000 crore to manufacture Maruti Suzuki models, which it would sell under the Toyota badge

T E Narasimhan Chennai
The February sales for the auto industry fell to a new low as weak consumer demand continues into a sixth straight month.

Total sales in retail declined by 8.06 per cent, whereas wholesale sales have dropped 3.05 per cent, according to data from the Society of Automobile Manufacturers Association ( SIAM). In retail, passenger car sales dropped by 8.25 per cent, while two-wheeler and commercial vehicle sales dropped by 7.97 per cent and 7.08 per cent respectively. Dealers said inventory levels across all categories are now unsustainable.

According to the Federation of Automobile Dealers Associations (FADA) total auto sales in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in