In the fast lane: At 335,269 units, car sales create a February record

The domestic passenger vehicle (PV) industry remained on a steady growth path in February, recording a 10.6 per cent year-on-year (YoY) rise in sales. The wholesale figure of 335,269 units was the best ever for the month of February; it was 303,213 units a year ago.

At the retail level, too, the industry posted 9.6 per cent YoY growth, indicating that strong consumer demand continued in February. 

PV retail numbers came at 301,900 units in February 2023, against 275,400 units a year ago. The cumulative sales figure for April-February (2022-23) stood at 3.55 million, against 2.74 million during the corresponding