Friday, November 13, 2026
News

India's passenger vehicle sales hit record 5.19 lakh units in October, two-wheeler sales rose 16.1%: SIAM

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | November 13, 2026 3:11:30 PM IST
India's passenger vehicle sales recorded their highest-ever October performance, rising 12.4 per cent year-on-year to 5.19 lakh units in October 2026, while two-wheeler sales increased 16.1 per cent to 25.78 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.

Passenger vehicle sales stood at 4.62 lakh units in October 2025, while two-wheeler sales were recorded at 22.20 lakh units during the same period last year.

Three-wheeler sales also registered strong growth of 25.7 per cent, reaching 1.03 lakh units in October 2026, compared with 82,190 units in the corresponding month last year.

Commenting on the performance, Rajesh Menon, Director General, SIAM, said, "The Indian automobile industry continues to witness healthy demand momentum."

"The Passenger Vehicle segment achieved its strongest-ever October performance, crossing the significant milestone of 5 lakh units in monthly sales," he added.

According to the segment-wise data, scooter sales surged 31.6 per cent to 10.97 lakh units from 8.34 lakh units a year earlier, while motorcycle sales increased 6.6 per cent to 14.23 lakh units.

Menon highlighted that two-wheeler demand continued to benefit from improved credit availability and replacement demand across rural and urban markets.

"For Three-Wheelers, last-mile mobility requirements and rapid electrification remain strong structural drivers. Overall, the demand outlook remains positive," he said.

The data further showed that total automobile production, including passenger vehicles, three-wheelers, two-wheelers and quadricycles, increased 28.64 per cent to 36.19 lakh units in October 2026 from 28.13 lakh units in October 2025.

Meanwhile, automobile exports registered a 26.06 per cent increase to 6.82 lakh units from 5.41 lakh units in the corresponding month last year.

Two-wheeler exports rose 26.48 per cent to 5.44 lakh units, while three-wheeler exports increased 26.69 per cent to 53,039 units.

Scooter exports witnessed particularly strong growth of 80.42 per cent, rising to 85,292 units from 47,274 units in October 2025.

Passenger vehicle exports, excluding manufacturers whose data were unavailable, increased 21.79 per cent to 83,716 units from 68,738 units a year earlier. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
India's exports to US rise 11% to USD 50...
Sachin Tendulkar Joins Recykals Mission...
'Zero-MDR model would not sustain UPI in...
Nagarro releases unaudited Q3 2026 resul...
TSMC confirms employee data leak, hacker...
Driving Regional Mobility: Malaprabha Gr...
More...
 
INDIA WORLD ASIA
Indian Air force espionage case: Woman P...
Horses take centre stage at the Pushkar ...
Assam Rifles Commanders Conference 2026...
'Deep regret someone is doing this to Lo...
Congress leadership discusses future str...
BJP leader Nalin Kohli accuses Rahul Gan...
More...    
 
 Top Stories
Assam CM mourns loss of life in Kaz... 
Chennai Muslim federation stages pr... 
Jharkhand: Congress MLA Bhushan Bar... 
"Found me my cupcake for life": Dhv... 
India to organise trade fairs in FT... 
Odisha CM attends Kudmi Samaj festi... 
Nainital: Four held within six hour... 
Jharkhand: BJP stages protest again...