Vehicle retail sales up by 13% in February 2024

Passenger vehicle sales went up by 12.36% compared to the previous year.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales grew by 13.07% in February 2024 compared to the same month last year.

Overall sales for the month of February 2024 stood at 20,29,541 units, compared to 17,94,866 units in February 2023.

Tractor sales increased by 11%, from 69,034 units in February 2023 to 76,626 units last month.

Two-wheeler sales went up by 13.25% to 14,39,523 units from 12,71,073 units in February 2023.

Three-wheeler sales were up by 23.88% in February 2024. 94,918 units were sold, compared to 76,619 units in February 2023.

Passenger vehicle sales went up by 12.36% compared to the previous year. 3,30,107 units were sold last month, compared to 2,93,803 units in February 2023.

Commercial vehicle sales also increased by 4.78%. 88,367 units were sold in February 2024, compared to 84,337 units in the previous year.

Team-BHP's detailed analysis of the February 2024 sales figures.