Auto majors report negative growth in February

Auto sales in February have been largely declining due to the coronavirus outbreak in China. Bajaj Auto sales drop 10% to 3,54,913 units whereas TVS Motor sales down 15% at 2,53,261 units.

New Delhi: Auto sales in February have been largely declining due to the outbreak of coronavirus in China. COVID-19 also impacted supply of certain components for production of BS-VI vehicles.

Bajaj Auto sales drops 10% to 3,54,913 units

Bajaj Auto on Monday reported 10 per cent decline in total sales at 3,54,913 units in February as against 3,93,089 units in the same month last year.

Total domestic sales declined by 24 per cent at 1,68,747 units last month as compared to 2,21,706 units in February 2019, Bajaj Auto said in a statement.

The company further said its total two-wheeler sales were down 5 per cent at 3,10,222 units as compared to 3,27,985 units in the year-ago month.

TVS Motor sales down 15% at 2,53,261 units

TVS Motor Company reported 15.39 per cent decline in total sales at 2,53,261 units in February on account of BS-IV reduction and impact of parts supply disruption due to coronavirus outbreak.

The company had sold 2,99,353 units in February 2019, TVS Motor Co said in a statement.

Ashok Leyland sales down 37% at 11,475 units

Hinduja flagship firm Ashok Leyland reported 37 per cent decline in total sales at 11,475 units in February as against 18,245 units in the same month last year.

Domestic sales declined 39 per cent to 10,612 units last month as compared to 17,352 units in February 2019, Ashok Leyland said in a statement.

Toyota Kirloskar Motor sales decline 9%

Toyota Kirloskar Motor (TKM) reported a 9.1 per cent decline in total vehicle sales at 11,356 units in February as against 12,497 units in the same month last year.

In the domestic market, the company posted sales of 10,352 units last month, down 11.9 per cent from 11,760 units in February 2019, TKM said in a statement.

Toyota India reports annual sales dip at 11.9%

Toyota India reported that its domestic sales declined 11.9 per cent annually in February to 10,352 units from 11,760 in the same month a year ago.

"Export of Etios, however, increased 36 per cent annually to 1,004 units from 737 units a year ago, said the company in a statement here.

In total, including exports and domestic sales, Toyota sold 11,356 vehicles in February, declining by 9.1 per cent from 12,497 units a year ago.

Hero MotoCorp sales down 19%

The country's largest two-wheeler maker Hero MotoCorp reported a 19.27 per cent decline in total sales at 4,98,242 units in February.

The company had sold 6,17,215 units in the corresponding month of previous year, Hero MotoCorp said in a statement.

Total motorcycle sales stood at 4,79,310 units last month as against 5,58,884 units in February 2019, down 14.23 per cent.

M&M tractor sales up 19% at 22,561 units

Mahindra & Mahindra reported 19 per cent increase in total tractor sales at 22,561 units in February as compared to 18,978 units in the same month last year.

Domestic sales grew by 21 per cent at 21,877 units as against 18,105 units in February last year, Mahindra & Mahindra (M&M) said in a statement.

However, exports were down 22 per cent at 873 units as compared to 684 units in the year-ago month, it added.

Royal Enfield sales up 1%

Royal Enfield, the two-wheeler division of Eicher Motors, reported 1 per cent growth in total sales at 63,536 units in February.

The company had sold 62,630 units in February last year, Royal Enfield said in a statement.

Domestic sales stood at 61,188 units last month as against 60,066 units in February 2019, up 2 per cent.

Suzuki Motorcycle sales up 3.5%

Suzuki Motorcycle India Pvt Ltd (SMIPL reported a 3.5 per cent increase in total sales at 67,961 units in February this year.

The company had sold 65,630 units in February last year, SMIPL said in a statement.

Domestic sales during February this year stood at 58,644 units as compared to 57,174 units sold in the year-ago month, a growth of 2.57 per cent, it added.

Kia Motors sells 15,644 units

Kia Motors India said its wholesales in February stood at 15,644 units.

The company despatched 14,024 units of Seltos and 1,620 units of Carnival to dealers last month, Kia Motors India said in a statement.

The automaker said it has now become the third largest car manufacturer in the country.

(Inputs from Agencies)