India PV sales jump 27.3% YoY in May to 438,854 units; two-wheelers up 14.8%
SIAM data shows broad-based auto retail strength in May 2026: passenger vehicles +27.3% to 438,854, two-wheelers +14.8% to 1.90M, three-wheelers +31.1% to 70,720. Scooters outpaced motorcycles (+27% vs +7%). Tailwinds: low base, GST cuts, easier financing.
SIAM data shows India's May 2026 passenger vehicle sales rose 27.3% YoY to 438,854 units, with two-wheelers up 14.8% and three-wheelers up 31.1%, driven by lower base effect, GST cuts and easier financing.