The passenger vehicle industry’s wholesale data (shipments from factories) for February remain unchanged from the previous month, with Maruti-Suzuki, Hyundai, and Tata remaining on top. This is despite normally lower quantities than in January, which is partially owing to the month having fewer days.

At 1.47 lakh units sold, Maruti maintained its dominant position in the Indian automobile market, followed by Hyundai at 47,001 and Tata at 42,865. In doing so, it also reached the milestone of 50 million units produced in India since it began this segment of its automotive business in 1998.

Mahindra and Kia round up the February top five.

Other than the aforementioned brands, only Toyota Kirloskar achieves five-digit sales in February.

Comparing to sales during the same period last year, Toyota saw the most gain. The Japanese automaker sold slightly more than 15,200 vehicles in February 2022, which was more than double its volume in February 2022. The reason for this is due to the tremendous success of the Urban Cruiser Hyryder and Innova Hycross.

Kia was the second brand to demonstrate increase. The Korean major’s dream run continues, with models like Carens contributing significantly to its total.

While February was typically slower than January for all brands, there were exceptions. There were also Toyota, MG, and VW. On paper, however, Renault was the largest, despite having secured fewer orders than usual in January due to the delay in its BS6 Phase 2 transition. After the completion of this in February, monthly quantities have returned to 6,000.

Observers of the market anticipate a cautious March as well, with volumes remaining relatively constant.