The month of February has been very good for the auto sector of the country. This month, a number of automobile manufacturers have registered impressive growth in sales. The auto sector, which has been battling the Corona epidemic and Corobar block for a long time, has regained momentum. In the same sequence, South Korea’s leading automobile manufacturer Kia Motors has made a quantum leap in February and has taken the fourth straight position.
The automaker companies have made their sales reports public, with the numbers race starting. According to the latest report, in the month of February, Maruti Suzuki has become the number one passenger car maker as usual. Maruti Suzuki has sold a total of 1,44,761 vehicles in the month of February, while Hyundai is at the second position with 51,600 units of vehicles sold.
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Tata Motors sold a total of 27,224 units of vehicles in the month of February and occupied the third position. Tata Motors has seen a huge increase in sales compared to the month of February of last year. The company sold only 12,430 units of vehicles in February last year.
Kia Motors leap: Kia Motors, which made its foray into the Indian market in the last year 2019, has done well in the Indian market. The company sold a total of 16,702 units and captured the fourth position, beating the country’s giant Mahindra last February. At the same time, Mahindra had sold just 15,380 units of vehicles in the month of February.
The passenger car segment has seen very good growth in the last February. During this period, about 3,08,593 passenger vehicles have been sold in the country, which is 23.1 percent higher than the February month of the previous year. The main reason for this is that during this time many new models have knocked in the market and people have also shown interest in purchasing new vehicles.