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Informist, Friday, Nov. 13, 2026

 

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--SIAM: India Oct passenger vehicle sales 519,060 units
--SIAM: India Oct passenger vehicle sales 519,060 units, up 12.4% on year
--SIAM: India Oct 2-wheeler sales 2.58 mln units, up 16.1% on year
--SIAM: India Oct scooter sales 1.10 mln units, up 31.6% on year
--SIAM: India Oct motorcycle sales 1.42 mln units, up 6.6% on year
--SIAM: India Oct 3-wheeler sales 103,349 units, up 25.7% on year
--SIAM: India Oct total vehicle sales 3.13 mln units, up 15.7% on year
--SIAM: Oct total vehicle exports at 682,299 units, up 26.1% on year
--SIAM: Oct passenger vehicle output 509,910 units, up 26.3% on year
--SIAM: Oct 2-wheeler output 2.95 mln units, up 28.9% on year
--SIAM: Oct 3-wheeler output 158,416 units, up 31.3% on year
--SIAM: India Apr-Oct passenger vehicle sales 3.08 mln units, up 25.5% YoY
--SIAM: India Apr-Oct 2-wheeler sales 14.66 mln units, up 17.4% on year
--SIAM: India Apr-Oct total vehicle sales 18.35 mln units, up 18.9% on year

 

MUMBAI – Wholesale despatches of automobiles grew at a healthy rate year-on-year in October as dealerships stocked up vehicles in anticipation of an uptick during the festival season, data from the Society of Indian Automobile Manufacturers showed Friday. Exports in October grew much faster than domestic sales. However, compared to September, automobile wholesale sales grew at a slower pace, as dealers warned of multiple price hikes eroding the appetite for vehicles that was spurred by the cut in goods and services tax a year ago.

 

Companies sold 3.81 million automobiles to showrooms in October, up 17% on year and just under 5% on month. Domestic sales improved almost 16% on year and a shade over 6% on month to 3.13 million units. Companies exported 682,299 vehicles last month, up 26% on year but contracting mildly on month. SIAM said the overall demand remains positive.

 

Domestic wholesale sales of two-wheelers grew 16% on year to 2.58 million units, mainly powered by an uptick in scooter despatches even as motorcycle despatches grew at a moderate pace. Contribution of motorcycles to overall two-wheeler sales fell to around 55% in October from 60% last year. Automakers manufactured 2.95 million two-wheelers last month, up almost 29% on year.

 

Companies sold 445,166 passenger vehicles to domestic dealerships in October, up 11% on year, while their exports grew 22% on year to 83,716 units. Their output grew 26% on year to 509,910 units. These figures exclude sales by BMW, Mercedes, Jaguar Land Rover Automotive Plc., Tata Motors Passenger Vehicles Ltd., and Volvo Auto. Including Tata Motors PV, domestic wholesale sales in this segment grew 12% on year to 519,060 units.

 

Despatches of passenger cars and utility vehicles grew at a similar pace in India and overseas in October. However, production of utility vehicles grew at a faster clip.

 

Three-wheeler despatches in India last month grew 26% on year to 103,349 units while their exports grew 27% to 53,039 units. Companies manufactured 158,416 three-wheelers in October, up 31% on year. 

 

Passenger carriers continued to account for around 82% of three-wheelers sold in India and for the lion's share of three-wheeler exports. The exports of goods carriers overseas tumbled 27% to 264 units, even as their overall production grew at a faster rate than that of passenger carriers.

 

The year-on-year growth rate of automobile sales was expected to moderate starting October, following the completion of a full year since the cut in GST implemented on Sept. 22, 2025.

 

"The Passenger Vehicle segment achieved its strongest-ever October performance, crossing the significant milestone of 5 lakh (500,000) units in monthly sales," SIAM's Director General Rajesh Menon said in a press release. "In the Two-Wheeler segment, demand continues to be supported by improved credit availability and replacement demand, across both rural and urban markets," he said, adding that three-wheelers gained from last-mile mobility requirements and rapid electrification.

 

In Apr-Oct, companies sold 18.35 million vehicles in India, up 19% on year. Exports in this period grew 28% on year to 4.66 million units. Companies manufactured 22.91 million vehicles in the first seven months of the financial year 2026-27 (Apr-Mar), up 21% on year. 

 

The Society of Indian Automobile Manufacturers detailed domestic vehicle sales figures for October as follows:

Segment	Oct-26	Sept-26	Oct-25	Year-on-year change (in %)
Passenger vehicles	445,166	385,764	400,480	11.16
Passenger cars	130,305	117,612	116,609	11.75
Utility vehicles	301,141	257,112	270,334	11.40
Vans	13,720	11,040	13,537	1.35
Two-wheelers	2,577,810	2,463,103	2,220,345	16.10
Scooters	1,096,756	995,576	833,621	31.57
Motorcycles	1,423,118	1,412,010	1,335,468	6.56
Mopeds	57,936	55,517	51,256	13.03
Three-wheelers	103,349	98,162	82,190	25.74
Quadricycles	--	--	--	--

* Data do not include sales numbers of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto.

 

The Society of Indian Automobile Manufacturers detailed vehicle production figures for October as follows:

Segment	Oct-26	Sept-26	Oct-25	Year-on-year change (in %)
Passenger vehicles	509,910	489,686	403,767	26.29
Passenger cars	171,729	164,909	139,273	23.30
Utility vehicles	323,816	311,471	251,641	28.68
Vans	14,365	13,306	12,853	11.76
Two-wheelers	2,948,471	2,808,439	2,287,929	28.87
Scooters	1,024,510	990,362	749,182	36.75
Motorcycles	1,867,722	1,764,876	1,499,781	24.53
Mopeds	56,239	53,201	38,966	44.33
Three-wheelers	158,416	153,220	120,663	31.29
Quadricycles	1,956	1,209	685	136.00

* Data do not include production of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto.

 

End

 

Reported by Anand JC

Edited by Rajeev Pai

 

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