PV sales hit record high for Feb, rose over 10%

India’s passenger vehicle (PV) market hit record February sales of 417,705 units, marking a growth of 10.6 per cent year-on-year (Yo-Y), as consumer sentiment remained positive following the Goods and Services Tax (GST) rate cuts in September last year, according to the data released by Society of Indian Automobile Manufacturers (SIAM) on Friday.

- DEEPAK PATEL

Two-wheeler and three-wheeler segments also posted all-time February highs. Two-wheeler sales stood at 1,871,406 units, up 35.2 per cent Yo-Y, while three-wheeler sales grew 29 per cent Yo-Y to 74,573 units, signalling strong momentum in the country’s automobile sector.

In the PV segment, Maruti Suzuki India led domestic sales at 161,000 units, a marginal increase of 0.13 per cent compared to February 2025. Mahindra & Mahindra took the second spot with 60,018 units sold, a 19.04 per cent Yo-Y growth.