![Auto Gross sales February 2023: Maruti Suzuki, Tata Motors, Bajaj Auto home gross sales develop, exports fall — take a look at how different auto makers fared Auto Gross sales February 2023: Maruti Suzuki, Tata Motors, Bajaj Auto home gross sales develop, exports fall — take a look at how different auto makers fared](https://bizagility.org/wp-content/uploads/https://cdn.zeebiz.com/sites/default/files/2023/03/01/229571-autocarsreuters.jpg)
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Auto gross sales February 2023 (automotive gross sales, bike gross sales, scooter gross sales, truck gross sales, CV gross sales): Maruti Suzuki, Tata Motors and Bajaj Auto reported development in home gross sales however contraction in exports.
Maruti Suzuki India — the nation’s largest carmaker — registered a 9.6 per cent improve in home passenger and light-weight business car gross sales to 1,50,823 models. The carmaker’s passenger car gross sales grew 10.1 per cent to 1,47,467 models within the home market.
Tata Motors reported gross sales of 78,006 autos within the home market, up 5.6 per cent on a year-on-year foundation. The Tata group auto main’s exports fell 56 per cent to 1,699 autos.
Bajaj Auto reported a 36 per cent bounce in complete home gross sales to 1,53,291 autos final month in contrast with the corresponding interval a yr in the past, as a slew of producers of automobiles, two-wheelers and business autos begin to launch their month-to-month experiences. Its complete exports, nevertheless, fell 37.6 per cent on a year-on-year foundation to 1,26,935 autos, in response to an organization assertion. Its gross sales of two-wheeler within the home market elevated 24.7 per cent to 1,20,335 autos, and people of business autos greater than double to 32,956 from 16,224 within the year-ago interval.
TVS Motor Firm reported complete gross sales of 2,22,745 autos within the home market in February, marking a rise of 27.9 per cent in contrast with the year-ago interval. Its exports, nevertheless, fell 50.4 per cent to 53,405 autos.
Escorts Kubota reported a 27.4 per cent year-on-year improve in gross sales to 7,245 tractors within the home market in February 2023. Its exports elevated 32.2 per cent on a year-on-year foundation to 566 tractors final month, in response to an organization assertion.
The farm tools maker mentioned demand momentum throughout geographies is predicted to stay robust owing to a optimistic total sentiment, document rabi sowing, higher crop charges, strong water reservoirs, and better allocations to rural and agri sectors within the Union Funds.
This is the report card of auto gross sales in February 2023 up to now:
Firm | Home gross sales | YoY change (%) | Exports | YoY change (%) |
Maruti Suzuki | 1,50,823 | 9.6 | 17,207 | 28.4 |
TVS | 2,22,745 | 27.9 | 53,405 | 50.4 |
Tata Motors | 78,006 | 5.6 | 1,699 | -56 |
Bajaj Auto | 1,53,291 | 36 | 1,26,935 | -37.6 |
Escorts Kubota | 7,245 | 27.4 | 566 | 32.2 |
(This story might be up to date shortly)
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