Two-wheeler sales register a 35% decline over last year
Maruti Suzuki did not share details about the quantum of the price hike it intends to take from next month
The rating agency said it expects auto volumes to rebound at 16-20% year-on-year in 2021-22 after recording an estimated decline of 14-18% year-on-yea
"Healthy rural demand and an increasing preference for personal mobility will drive this growth," said Crisil Ratings Director Gautam Shahi
Passenger vehicles sales grew 17.92 per cent in February at 281,380 units compared to 238,622 units produced in February 2020
Passenger vehicle sales stood at 2,29,734 units in February 2020, shows FADA data
Maruti has topped the list of top 10 selling cars, counting in with their seven variants even after recording year-on-year decline
Total sales across categories declined 9.66% to 15,92,636 units last month compared to 17,63,011 units in the year-ago period