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India Auto Industry Hits Record Q2 Sales with 18.2% Growth
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CNBC TV18•15-10-2026, 11:52
India Auto Industry Hits Record Q2 Sales with 18.2% Growth
- •Domestic vehicle sales in India reached a record 83.88 lakh units in the July-September quarter (Q2 FY27), marking an 18.2% increase compared to the previous year.
- •Passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers all achieved their highest-ever second-quarter sales figures, according to SIAM.
- •Tata Motors experienced the fastest growth among large passenger vehicle manufacturers, moving past Mahindra & Mahindra to secure second place.
- •Utility vehicles (UVs) drove passenger vehicle sales, making up 68% of the total volume and significantly outpacing traditional passenger cars.
- •SIAM remains cautiously optimistic for the second half of the fiscal year, citing strong festive demand, infrastructure spending, and new vehicle launches.
Key Questions Answered
Domestic vehicle sales in India rose by 18.2% to reach 83.88 lakh units during the July-September quarter (Q2 of FY27), up from 70.98 lakh units during the same period a year earlier.
Utility vehicles (UVs) led the charge, accounting for 68% of passenger vehicle sales by rising 34.2% to 9.19 lakh units, which was more than twice the volume of passenger cars.
Commercial vehicle sales rose 28.7% to 3.09 lakh units, with medium and heavy commercial vehicles (M&HCVs) growing 37.0% to 1.21 lakh units, outpacing light commercial vehicles (LCVs) which grew 23.8% to 1.88 lakh units.
