India Passenger Car Sales Rise 2.5% in April

Passenger vehicle sales in India increased 2.5% year-on-year in April 2026, slowing sharply from 14.1% growth in the previous month to 378,312 units. It was the highest-ever sales figure for April, although growth eased compared with March, according to data from the Society of Indian Automobile Manufacturers (SIAM). SIAM stated that the positive momentum seen in the second half of FY 2025–26 continued into the first month of FY 2026–27. “Though there are concerns over high commodity prices stemming from disruptions in West Asia, the industry has been witnessing healthy demand,” said Rajesh Menon.

Passenger vehicle sales in India climbed 14.1% year-on-year in March 2026, accelerating from a 10.6% increase in the previous month to 376,268 units and marking the highest sales ever in the financial year 2025–26. Fresh data from the Society of Indian Automobile Manufacturers (SIAM) showed the increase was supported by the extended impact of last year’s tax policy changes and multiple repo rate cuts during the year. Looking ahead, domestic demand and macroeconomic fundamentals remain robust as the country steps into FY 2026–27, which should support steady growth for the industry. However, uncertainties arising from the West Asia conflict need to be closely monitored, as they may impact production, commodity prices, fuel prices, freight rates, and the overall economy, SIAM stated.

Passenger vehicle sales in India rose 10.6% year-on-year in February 2026, accelerating from an 8.0% gain in the previous month and marking the highest sales ever for the month, at around 418 thousand units. Fresh data from the Society of Indian Automobile Manufacturers (SIAM) showed the increase was supported by the extended impact of last year’s tax policy change and strong festive-season demand. Looking ahead, March could still see support from festival-related purchases in several parts of the country. However, the recent conflict in West Asia remains a key concern, particularly for supply chains, which could disrupt manufacturing and export activities. “Industry will keep a close watch on evolving geopolitical developments,” said Rajesh Menon, Director General of SIAM.