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India PV sales cross record 5 lakh units in October; Maruti stays king, Tata overtakes Mahindra

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India PV sales cross record 5 lakh units in October; Maruti stays king, Tata overtakes Mahindra

India PV sales cross record 5 lakh units in October; Maruti stays king, Tata overtakes Mahindra

Top OEMs in the country, including Maruti Suzuki, Hyundai India and Tata Motors, reported record-monthly sales during the month; Kia India entered the top five, displacing Toyota Kirloskar Motor.

Maruti Suzuki expects to gain around 2 percentage points in market share during October.

India’s passenger vehicle (PV) industry surpassed 5 lakh monthly wholesales for the first time ever in October 2026, aided by strong festive demand, higher discounts, improved buyer sentiments, and GST 2 0 fuelling the growth. Top OEMs in the country reported record-monthly sales with Maruti Suzuki , Hyundai India, Tata Motors reporting strong double-digit growth. Maruti Suzuki retained its crown position during the month, with domestic sales of 2,16,789 units registered in October 2026, registering a 20 per cent YoY growth, as against 1,80,675 units in the same time last year. Advt

"Be it the small car, be it the SUVs, be it the MPVs, be it the sedans, be it the premium hatches, we are firing all cylinders, all-time high numbers,” Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India told media during monthly sales call. 3 lakh units," Banerjee added. 45 lakh units, while dealer network inventory remained at just 12 days, indicating that demand continues to outpace available supply. "This is the peak festival period and I am just sitting on network stock for 12 days. I would have loved to have a network stock of at least one month before the festival time,” Banerjee added.


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