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2w ago

February Auto Sales: Maruti Leads India as Tata Edges Mahindra, Hyundai and Kia Log U.S. Records

Record SUV and hybrid demand met weakening U.S. EV sales, with Indian EV registrations surging.

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Unsold car inventory at all time high in India
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A new Toyota Tundra pickup is displayed on a sales lot. The South Side-manufactured electrified Tundra and the hybrid Sequoia continued to outperform their electric peers, though they reported slower growth in February. The gas-powered Tundra also reported a sales boost in February.

Overview

  • Maruti Suzuki sold about 161,000 passenger vehicles in India and lifted exports more than 56 percent year on year to 39,155 units.
  • Government Vahan portal data shows Tata Motors narrowly finished second ahead of Mahindra in February, with the tally excluding Telangana.
  • India’s passenger EV market expanded to roughly 13,669 registrations, up 44 percent year on year, led by Tata at 5,558 units as Mahindra posted sharp gains.
  • Hyundai and Kia reported their best-ever U.S. February, selling a combined 137,412 vehicles on strong SUV and hybrid demand, while their combined EV sales declined 21.9 percent.
  • Australian February deliveries slipped as Toyota RAV4 runout constrained volumes, yet EVs reached an 11.8 percent share with a rebound in Tesla Model Y sales.