Vehicle sales rose to 10.8k units in March, up slightly from 10.6k in February, according to figures from the Automotive Marketing Information Council (Amic) seen by EnterpriseAM. The figure marks a continued recovery in the auto sales market, which kicked off in February following a 22.0% drop in January.
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The passenger vehicle segment recorded a growth of 2.6% m-o-m in March, with sales reaching 8.4k. Bus sales saw a notable increase, rising 11.4% m-o-m to 686 units. Truck sales, however, experienced a dip, falling 5.2% m-o-m to 1.7k units.
On a yearly basis, total auto sales in March were up 156.5%, with all three segments seeing substantial growth. Passenger car sales rocketed 203.9% y-o-y to 8.4k units, bus sales climbed 31.4% y-o-y, and truck sales jumped 85.7% y-o-y. The total units sold in March 2025 were 10.8k, up from 4.2k in March 2024.
REMEMBER- Auto sales saw a partial recovery last year, growing some 13.2% y-o-y with some 102.2k vehicles sold throughout the year after the market got the chance to catch its breath after a turbulent period triggered by an FX crunch that limited supply in the market and gave distributors leverage to hike prices as they pleased.
A caveat to the numbers: Amic figures are sourced from member distributors, representing the bulk — but not the entirety — of the industry.