INDIA SALES ANALYSIS: FEBRUARY 2015

With four of the Big Five car manufacturers registering gains in their February 2015 sales, the mood is somewhat good in the Indian automobile industry. Other than Mahindra & Mahindra, Maruti Suzuki, Hyundai Motor India, Honda Cars India and Tata Motors all posted decent to good growth year on year. Coming on the back of January 2015’s overall sales growth of 3.14 percent for the passenger car sector, this will be good news for an industry battling high interest rates and lacklustre consumer interest, along with the withdrawal of excise sales sops in 2015. 

In comparison, two-wheeler manufacturers are ...