Car sales in February 2020 (India) saw a fall of over 4% compared to January 2020 and almost 7% from that of February 2019
In the sales report of February 2020, the Indian automotive industry saw an overall sales figure of 2,50,698 units; a decline of 6.70% and 4.40% compared to February 2019 and January 2020, respectively. Out of this, Maruti Suzuki achieved 1,33,700 units in the second month of the year and registered a drop of 2.3% in comparison to the same month, last year.
Hyundai comes second on the list while the gap between the market leader remained more or less the same. In February 2020, the South Korean brand attained 40,010 units, which is lesser than that of February 2019 by over 7%. The month prior saw better sales at 42,002 units.
Interestingly, the newcomer Kia Motors came third on the list at 15,644 units in February 2020; a growth of 1.30% compared to January 2020. The brand was not present in the country in February 2019. This is the highest monthly sales reported by Kia since its launch in India. Following the likes of Kia Motors are Tata Motors and Mahindra. Both Indian brands registered a Feb-2020 sales of 12,430 units and 10,938 units, respectively, with losses accounting to more than 31% and 55% compared to the same month in 2019.
Toyota India registered the highest growth (78.40%) in February 2020 compared to January 2020 at 10,352 units. However, compared to February 2019, the figures were down by 12%. Renault, the French company, with sales at 8,784 units, grew by 40.70% compared to last year and 12.50% over January 2020, thanks to the Renault Triber which will soon get an update.
Compared to last year, Honda Car India took a fall of almost 47% in February 2020 and hit 5,299 units. However, compared to January 2020, the figures grew by just under 40%. Ford India, on the other hand, attained a monthly and yearly growth of 43.80% and 5.20%, respectively, to hit 7,019 units in February 2020.
MG Motor, which debuted in India around the same time as Kia Motors, garnered only 1,376 units in February 2020. This is down by a whopping 56% compared to January 2020. Skoda Auto hit 1,200 units compared to 1,267 units in February 2019. Nissan (and Datsun) achieved 1,029 units in February 2020 and registered a massive loss of almost 63% compared to last year. Fiat, with Jeep India, hit an unlucky 666 units and fall of over 50% compared to February 2019.
Finally, at the bottom of the list rests Volkswagen with just 350 units to talk about in February 2020. The figure is almost 87% less than that of February 2019 and almost 70% poorer than January 2020. As you can observe, the Indian market is still at a recovery stage from the massive downfall it had to go through at the end of the decade.