Auto Sector Reports Double Digit Growth Across All Segments in Second Quarter

Automobile wholesales grew by nearly 30 percent year-on-year for passenger vehicles and commercial vehicles in the July-September quarter of 2026, according to data released by the Society of Indian Automobile Manufacturers. Passenger vehicle sales reached 1.36 million units in the second quarter of 2026-27, marking a 30.7 percent increase compared to the same period in the previous year.

Sub-Segments And Exports

Utility vehicles drove the passenger vehicle market by making up 68 percent of total sales with a 34.2 percent growth rate, while passenger cars grew by 24.9 percent. Two-wheeler wholesales hit 6.43 million units with a 15.2 percent rise, led by scooters growing at 27.7 percent and motorcycles at 7.4 percent. Commercial vehicle wholesales reached 3.09 lakh units, showing a 28.7 percent jump, and three-wheeler sales rose by 23.6 percent to 2.85 lakh units.

Context

Automobile sector performance is widely tracked as a key indicator of consumer demand and economic health in the country. Sales figures during this period are often influenced by festive season purchasing patterns and government tax policies affecting vehicle affordability.