Car Sales In India Revive Post Demonetisation. Show 4.9 Per Cent Growth
car&bike Team
1 min read
Mar 10, 2017, 07:20 PM
Key Highlights
- Passenger Car sales rose by 9 per cent
- Two-wheeler sales declined by 3.3 per cent
- Sales of commercial vehicles moved up 7.34 per cent
Domestic passenger vehicle sales rose 9.01 per cent to 2,55,359 units in February, from 2,34,244 in the same month last year. Domestic car sales were up 4.9 per cent at 1,72,623 units as against 1,64,559 in February last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
Passenger car sales suffered in November and December 2016. In fact in December 2016, car sales declined by 4.4 per cent and this was attributed to the government's move to demonetise Rs 500 and Rs. 1000 notes in India. The sales recovered in January 2017 as well with domestic passenger vehicle sales rising by 14.4 per cent. Domestic car sales were up 10.83 per cent at 1,86,523 units as against 1,68,303 units in January 2016. However, vehicle sales across categories registered a decline of 4.71 per cent in January 2017. The month of February then saw the recovery of the Automotive Industry.
The figure for motorcycles last month read 8,32,697 units as against 8,59,582 a year earlier, down 3.13 per cent. Total two-wheeler sales in February declined marginally to 13,62,045 units compared to 13,62,177 in the same month last year. The Indian government's unprecedented demonetisation drive still seems to have had its effect on the two wheeler manufacturers which have had disappointing sales in December 2016 and January 2017.
Passenger car sales suffered in November and December 2016. In fact in December 2016, car sales declined by 4.4 per cent and this was attributed to the government's move to demonetise Rs 500 and Rs. 1000 notes in India. The sales recovered in January 2017 as well with domestic passenger vehicle sales rising by 14.4 per cent. Domestic car sales were up 10.83 per cent at 1,86,523 units as against 1,68,303 units in January 2016. However, vehicle sales across categories registered a decline of 4.71 per cent in January 2017. The month of February then saw the recovery of the Automotive Industry.
The figure for motorcycles last month read 8,32,697 units as against 8,59,582 a year earlier, down 3.13 per cent. Total two-wheeler sales in February declined marginally to 13,62,045 units compared to 13,62,177 in the same month last year. The Indian government's unprecedented demonetisation drive still seems to have had its effect on the two wheeler manufacturers which have had disappointing sales in December 2016 and January 2017.
Sales of commercial vehicles moved up 7.34 per cent to 66,939 units in February, SIAM said. Vehicle sales across categories registered a marginal increase at 17,19,699 units from 17,03,736 in February 2016, it added.
Related News
Latest Cars
Upcoming Cars
Latest News
car&bike Team | Jan 4, 2026Auto Sales December 2025: Mahindra Edges Out Tata To No. 2, Hyundai Drops To Fourth In Domestic SalesMaruti Suzuki remained firmly in the lead with domestic sales north of 1.7 lakh units - a 37 per cent sales growth year-on-year.1 min read
Jaiveer Mehra | Jan 4, 2026Tata Punch Facelift To Get Turbo-Petrol Engine OptionNew teaser confirms big change in powertrain line-up for the Punch micro SUV.4 mins read
Jaiveer Mehra | Jan 4, 2026Mahindra XUV 7XO India Launch Tomorrow: Here’s What We Know So FarThe facelift to the popular XUV 700, the 7XO will arrive with notable design and tech updates, though engine options are expected to stay unchanged.1 min read
car&bike Team | Jan 3, 2026New Bajaj Chetak Spotted Ahead Of LaunchFresh images of the new Chetak continue to showcase a hub-mounted electric motor among other changes.2 mins read
car&bike Team | Jan 3, 2026Tata Punch Facelift Teased Ahead Of Launch On January 13The teaser images focus solely on the exterior, marking the first substantial update for the Punch since it was introduced in 2021.2 mins read
Jafar Rizvi | Jan 3, 20262026 Kia Seltos: Variants, Features, Prices ExplainedThe new Seltos is offered in 10 variants and three engine options. Here is a rundown of what each variant has to offer, along with its price, engine and transmission choices, respectively.5 mins read
Amaan Ahmed | Jan 3, 2026VLF Mobster 135 300 KM Review: Fun But FlawedA 125 cc scooter with Italian design and Chinese genes is a rare combination, and while some may be tempted to dismiss it because of its origins, the VLF Mobster shows 125s can also be exciting – but not without compromises.1 min read
Preetam Bora | Dec 30, 2025TVS Orbiter Review: Real-World Performance and Range TestedThe TVS Orbiter is a promising electric scooter promising decent range, practicality and pricing. But is there any reason to avoid it? We spent a few days getting to know it better.9 mins read
Jafar Rizvi | Dec 24, 2025MG Windsor EV 38 kWh Long-Term Report: IntroductionThe Windsor EV has joined our garage, and before it settles into daily duty, I took it out to get a sense of what living with an electric car is like.4 mins read
Seshan Vijayraghvan | Dec 23, 20252026 Kia Seltos Review: Formula Is Spot On, But Is The Timing Right?The 2nd-gen Kia Seltos has arrived, but it has the challenge of facing strong rivals like the Victoris and Sierra. The question is simple - Does it still have what it takes?9 mins read
car&bike Team | Dec 26, 2025Tata Punch EV Long-Term Second Report: Highway Performance, Pros & ConsAfter a week of living with the Tata Punch EV Long Range—including a proper Mumbai-Nashik highway test—we've learned what this little electric SUV is really made of.1 min read