India Passenger Vehicle Sales Rise 11.4% in October

Passenger vehicle sales in India grew 11.4% year-on-year in October 2026, easing from a 23.3% surge in the previous month, to 445,166 units, according to data from the Society of Indian Automobile Manufacturers (SIAM). Vehicle sales achieved their strongest-ever October performance, supported by improved credit availability and replacement demand across both rural and urban markets. Recently, Rajesh Menon, Director General of SIAM, said that continued investments in infrastructure, sustained economic growth, and rising adoption of cleaner and more efficient mobility solutions are expected to support industry growth through the second half of 2026–27.

Passenger vehicle sales in India surged 23.3% year-on-year in September 2026, slowing from a 33.2% jump in the previous month, to 385,764 units, according to data from the Society of Indian Automobile Manufacturers (SIAM). The continued sharp increase in September was supported by resilient rural and urban demand, healthy freight movement, infrastructure-led economic activity, and a gradual replacement cycle across vehicle segments, although growth eased from August. “The industry looks forward to the festive season for continued momentum while remaining cautiously optimistic due to prevailing geo-economic uncertainties. Continued investments in infrastructure, sustained economic growth, and rising adoption of cleaner and more efficient mobility solutions are expected to support industry growth through the second half of 2026–27,” Rajesh Menon, Director General of SIAM, said.

Passenger vehicle sales in India soared 33.2% year-on-year in August 2026, accelerating from a 31.2% jump in the previous month to 374,056 units, according to data from the Society of Indian Automobile Manufacturers (SIAM). The number of car sales recorded the highest-ever sales for August 2026, due to a lower base in the previous year and strong demand. The sharp increase was boosted by strong consumer confidence, resilient rural markets, improving financing conditions, and accelerating adoption of alternative drivetrains, creating a favorable ecosystem across vehicle categories. “Festive demand is also expected to provide an additional boost, resulting in healthy Q2 numbers,” Rajesh Menon, Director General of SIAM, said.