New model launches marginally boost automobile sales in February

New model launches helped automobile sales in February rise a little over the year-ago period, according to monthly data released by companies on March 1. Cumulative sales of India’s top passenger vehicle makers — Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar — increased to 206,418 units in February over 200,322 units in the same month last year. This is an increase of 3 per cent. Hyundai Motor had not released sales figures till the time of going to press. Weak sentiments would have hit sales…

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