Passenger car sales in India increased by 26 percent in the first quarter of fiscal year 2026-2027

According to data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday, July 16, passenger car sales in India, measured by shipments from manufacturers to dealers, totaled 1,273,811 units in the first quarter of the 2026-2027 fiscal year, covering the period from April to June, which is 25.9 percent more than in in the corresponding quarter of the previous fiscal year.

According to SIAM, this was the highest sales volume ever recorded in the first quarter of any fiscal year.

The Association stated that the steady growth recorded during the quarter was widespread, with similar growth observed in all vehicle categories. Sales of two-wheeled vehicles increased by 20.3 percent year-on-year to 4,677,990 units.

Meanwhile, sales of three-wheeled vehicles increased 29.7 percent year-on-year to 214,339 units between April and June, while sales of commercial vehicles increased 18.3 percent to about 265,000 units.

"While overall consumer sentiment and demand currently remain stable, the industry continues to closely monitor geopolitical events and the development of the monsoon, given their implications for agricultural production and rural demand," SIAM said in a statement.