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India Records Highest-Ever May Passenger Vehicle Sales at 4.39 Lakh Units : SIAM

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India Records Highest-Ever May Passenger Vehicle Sales at 4.39 Lakh Units : SIAM

India’s automobile industry achieved a major milestone in May 2026. Passenger vehicle sales reached a record 4.39 lakh units, making it the highest-ever sales figure for the month of May. The data was released by the Society of Indian Automobile Manufacturers (SIAM).

The strong performance was supported by robust demand across the domestic market. Two-wheelers and three-wheelers also recorded significant growth during the month.

Passenger vehicle sales increased by 27.3% year-on-year to 4,38,854 units in May 2026. This marks the highest May sales ever recorded by the industry. Utility vehicles continued to drive growth, while passenger cars and vans also posted positive results.

Utility vehicle sales rose to 2,45,549 units. Passenger car sales increased to 1,20,975 units, while van sales reached 13,240 units.

The two-wheeler segment also delivered a strong performance in May 2026. Domestic sales grew 14.8% year-on-year to 19,02,209 units.

Scooter sales increased by 27.4%, reaching 7,39,667 units. Motorcycle sales rose by 7.2% to 11,13,973 units. Moped sales also recorded healthy growth during the month.

Three-wheeler sales increased by 31.1% to 70,720 units in May 2026. Passenger carriers and goods carriers both recorded strong demand. E-rickshaw and e-cart sales also witnessed significant growth compared to the same period last year.

According to SIAM, lower GST rates, improved financing conditions, and the lower base of the previous year helped support vehicle demand. These factors contributed to higher sales across all major automobile segments.

Industry experts believe the positive momentum reflects growing consumer confidence and strong market demand across urban and rural regions.


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