Automotive & Parts #auto sales#record
India Auto Sales Hit Record High in May 2026 with Double-Digit Growth Across Segments
India's automobile industry recorded its highest-ever sales for May 2026, with passenger vehicles, two-wheelers, and three-wheelers all posting double-digit growth, according to SIAM data. Maruti Suzuki led the passenger vehicle segment with a 50% market share. Rajesh Menon, SIAM Director General, attributed the surge to a lower base, reduced GST rates, and easier financing.
Jun 16, 2026 1 source