Feb Auto Sales: Here’s what to expect from Maruti, Tata Motors & other top automakers

Strong double-digit year-on-year (YoY) growth in Feb 2024 is likely for 2W wholesale volumes due to good demand (retails up ~10%) and a favourable base. PV volumes are likely to have grown at a healthy pace led by positive retail trends (retails up ~4%) and inventory build. CVs, though, are likely to have slid in single digits due to weak LCV volumes and a high base. Tractors are likely to have declined by low double digits due to the festival timing and challenges in the west/south. In the near term, the high base would lead to muted CV and tractor growth. Here’s a look at auto sales expectations for top automakers in February. (Data Source: Anand Rathi)