June passenger vehicle sales climb 24.1% to 388,144 units: SIAM
SIAM data shows June PV sales up 24.1% to 388,144 units, led by scooters (+39.1%) and utility vehicles. Two-wheelers, three-wheelers and CVs posted highest-ever Q1 FY27 volumes, aided by lower GST rates, softer financing and festive demand outlook. Overall auto sales rose 21.4% to 7.38 million units.
SIAM data shows June PV sales rose 24.1% to 388,144 units, driven by scooters and utility vehicles. Two-wheelers, three-wheelers and CVs posted highest-ever Q1 FY27 sales, aided by lower GST rates, softer financing and festive demand outlook.
Why this matters
SIAM's June data confirms sustained auto demand, echoing reports of car sales jumping 24% to 388,144 units and scooters overtaking motorcycles as SUVs drive passenger vehicle growth.
Retail-company theme accelerating, up 808400% QoQ.