The domestic traveler vehicle (PV) industry remained on a consistent development course in February, recording a 10.6 percent year-on-year (YoY) increase in sales.

The wholesale figure of 335,269 systems was the very best ever for the month of February; it was 303,213 units a year earlier.

At the retail level, too, the market published 9.6 percent YoY growth, showing that strong customer need continued in February.

PV retail numbers came at 301,900 systems in February 2023, versus 275,400 units a year ago.

The cumulative sales figure for April-February (2022-23) stood at 3.55 million, against 2.74 million throughout the corresponding year-ago period-- up 29.3 per cent.

Shashank Srivastava, senior executive officer, marketing and sales of Maruti Suzuki India (MSIL), stated the network stock in the start of February was around 184,000 systems, which increased to 218,000 units by the end of the month.

Roughly, there is stock for three weeks now.

MSILs domestic sales in February were 150,823 units, against 137,950 a year ago-- development of 10.1 per cent.

It offered 147,467 PVs in the domestic market last month, against 133,948 systems in February 2022.

Until February, MSILs total sales number was 1,508,089 systems, versus 1,227,712 units last year-- which is development of 22.8 percent, Srivastava stated.

The leading six highest-selling PV models in the market in February were all from the MSIL steady, Srivastava claimed.

They were: The Baleno, Swift, Alto, WagonR, Dzire, and Brezza.

Our overall queries growth had to do with 12 per cent in February and bookings growth had to do with 5 percent, he included.

Tata Motors, during the month under evaluation, sold 43,140 systems of PVs (consisting of electric lorries), signing up 7 per cent YoY growth.

Its essential rival Mahindra and Mahindra (M&M) posted a 10 percent increase in PV sales to 30,358 units in February, and 63 per cent growth for the April-February period to 323,256 systems.

In the energy cars sector, Mahindra sold 30,221 lorries in February 2023, in spite of interruptions in the supply chain of crash sensors and airbag electronic control systems (ECUs) due to unavailability of semiconductors, the company said.

Veejay Nakra, president, automobile division, M&M, stated: We continue our trend of offering more than 30,000 SUVs monthly and February saw growth of 10 per cent in the sector and a general development of 8 percent ...

We are keeping track of and taking proper actions on the supply chain scenario of semiconductors, which remains vibrant.

Hyundai Motor India (HMIL) posted a 6.7 per cent rise in domestic PV sales to 47001 units.

Tarun Garg, chief running officer, HMIL stated: The newly introduced Hyundai IONIQ 5, TUCSON, Grand i10 NIOS, and AURA continue to develop enjoyment in the Indian market area and get remarkable client action.

Hyundai CRETA building on its strong tradition has set a benchmark registering sales of 830,000 units because beginning.

Its peer Kia India offered 24,600 systems in February 2023.

The business taped 35.8 percent YoY growth over 18,121 units sold in the matching month in 2015.

The Kia Sonet was the leading factor with 9,836-unit despatches, followed by the Seltos with 8,012-unit sales.

Toyota Kirloskar Motor (TKM) offered 15,338 systems last month, up 75 percent from 8,745 systems in the very same month in 2015.

Leading this development are the Urban Cruiser Hyryder and All New Innova Hycross, as we strive to deal with our partners to fulfill the need.

The recent announcement of the opening of bookings for the Toyota Hilux is likewise continuing to create enjoyment, resulting in great orders from throughout the country, stated Atul Sood, vice-president, sales and tactical marketing, TKM.

MG Motors, nevertheless, published a 7.4 per cent decline in sales to 4,193 systems in February.

Honda Cars India, too, posted a decrease-- selling only 6,086 units in February 2023, compared to 7,187 units in February 2022.