Indian Passenger Car Sales Rise 8% in January

Total passenger vehicle sales in India increased 8% year-on-year to 379,394 units in January 2026, following a 29% jump in the previous month, according to data from the Society of Indian Automobile Manufacturers (SIAM). The figures exclude sales from BMW, Mercedes-Benz, Jaguar Land Rover (JLR), and Volvo. The increase was supported by sustained demand following the GST rate reduction. “The initiatives announced in the Union Budget 2026 to strengthen India’s manufacturing base, along with existing policy tailwinds, are expected to deliver long-term benefits for the sector and support growth in the medium term,” said Rajesh Menon, Director General of SIAM. However, on a monthly basis, passenger vehicle sales fell 15.6%, after declining 1.6% in December.

Total passenger vehicle sales in India surged 29% year-on-year to 349,170 units in December 2025, following an 18.1% rise in the previous month, according to data from the Society of Indian Automobile Manufacturers (SIAM). The figures exclude sales from BMW, Mercedes-Benz, Jaguar Land Rover (JLR), and Volvo. The increase was supported by festive demand and recent reductions in the GST rate and repo rate. Looking ahead, the industry expects the positive momentum to continue well into 2026, supported by stable macroeconomic conditions, improving affordability, and continued policy support. “The industry will also continue to monitor geopolitical developments to ensure resilience in the supply chain and export volumes,” said Shailesh Chandra, President of SIAM. However, on a monthly basis, passenger vehicle sales dropped 1.6%, after plunging 11.2% in November.

Total passenger vehicle sales in India soared 18.1% year-on-year to 354,969 units in November 2025, after a 15.8% rise in the previous month, according to data from the Society of Indian Automobile Manufacturers (SIAM). The figures exclude sales from BMW, Mercedes-Benz, Jaguar Land Rover (JLR), and Volvo. The rebound was supported by festive demand and the recent GST rate reduction. “Industry is optimistic that the continued supportive policy reforms and improved market sentiments would continue this growth trajectory well into 2026,” said Rajesh Menon, Director General of SIAM. However, on a monthly basis, passenger vehicle sales fell 11.2%, reversing a 27.8% jump in October.