Scooters Overtake Motorcycles as SUVs Drive Car Sales; Overall Auto Up 21.4%: SIAM
SIAM Q1FY27 data shows scooter sales surging 30.8% to 21.79 lakh units, outpacing motorcycles (+14%). UVs rose 28.6% while total PV sales climbed 25.9%. GST 2.0, lower financing rates and easing inflation sustain demand ahead of the festive season.
SIAM Q1FY27 data shows scooters outpacing motorcycles (30.8% growth) and SUVs driving car sales, with overall auto sales up 21.4%. GST 2.0, lower financing rates and reasonable inflation sustain consumer demand ahead of festive season.