The automobile sales in February has continued its growth, after a rebound in January, but the two-wheelers continue to face some hiccups as consumer sentiments still remain subdued during the month.

In the passenger vehicle segment, Maruti Suzuki India reported marginal growth at 1,36,912 units as compared with 1,36,648 units in February 2018. Tata Motors also reported a growth of 2 per cent during the month at 18,110 units as against 17,771 units in corresponding month last year.

Toyota Kirloskar Motor also reported similar growth during the month.

However, Mahindra & Mahindra reported a double digit growth year-on-year (YoY) at 26,109 units in February as against 22,389 units in the same month previous year. Honda Cars India also reported 16 per cent YoY to 13,527 units during the month as compared with 11,650 units in February last year.

In the two-wheeler segment, market leader Hero MotoCorp reported a decline of 2 per cent YoY to 6,17,215 units during the month as against 6,29,597 units in February last year.

Royal Enfield also reported a decline of 16 per cent in its domestic sales to 60,066 units in February as compared with 71,354 units in same month last year.

Tamil Nadu based TVS Motor Company reported a marginal growth in its domestic sales to 2,31,582 units last month as against 2,30,353 units in February 2018.

The industry expects the demand scenario to improve on account of increased liquidity in the market through government schemes of direct benefit to farmers and various measures taken by manufacturers to boost retail sales.

Also, the demand growth can further be stimulated if the GST rate on two-wheelers is reduced to 18 per cent from the present 28 per cent.

In the commercial vehicles segment, most of the companies reported marginal growth including Ashok Leyland and Mahindra & Mahindra.

Tata Motors reported decline of 5 per cent YoY to 39,111 units during the month as compared with 41,222 units in same month last year.