Maharashtra leads FY26 PV and CV sales; UP tops two-wheelers as H2 demand surges 21.5%

SIAM data: Maharashtra captured 12.1% of passenger vehicle sales (5.64 lakh units) and led commercial vehicles (10.80 lakh total). UP took 14.7% two-wheeler share (31.8 lakh) and topped three-wheelers (8.36 lakh). GST 2.0 cuts, income tax relief and RBI rate cuts powered H2 two-wheeler growth of 21.5%.

— Filed Wed, 20 May, 2026, 20:46 IST · Source BL · Consumer & Economy · Updated

SIAM data shows Maharashtra led FY26 passenger and commercial vehicle sales while UP topped two-wheeler and three-wheeler segments. GST 2.0 cuts, income tax relief and RBI rate cuts boosted mobility retail demand, with H2 two-wheeler growth at 21.5%.

Why this matters

SIAM's FY26 state-level breakdown follows strong FY27 April momentum, with PV dispatches up 26% and two-wheelers up 28%, confirming sustained demand led by SUVs and rural recovery.

Footfall theme steady with 43 signals in 90 days, reinforcing consistent demand visibility across auto retail.

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