The industry body -- Society of Indian Automobile Manufacturers (SIAM) has said that the automobile wholesales in India reported the highest-ever sales in a fiscal year 2025-26 (FY26), driven by GST 2.0 reforms and multiple repo rate cuts during the year. During FY26, the automobile wholesales, including passenger and commercial vehicles, two and three-wheelers, increased 10.4% to 2,82,65,519 units as compared to 2,56,09,399 units in FY25. SIAM noted that the industry last posted its highest-ever sales in FY19.

During FY26, the wholesales of passenger vehicles grew 7.9% to 46,43,439 units as compared to 43,01,848 units in the previous year. Further, the two-wheeler wholesales in FY26 were at 2,17,05,974 units as against 1,96,07,332 units in FY25, up 10.7%. In the two-wheeler segment, the Motorcycle sales were up 6.6% year-on-year to 1,30,64,789 units in FY26, while Scooter sales rose by 18.5% year-on-year to 81,17,945 units. Besides, sales of commercial vehicles were up 12.6% at 10,79,871 units in FY26 as compared to 9,58,679 units in the previous fiscal. The three-wheeler sales in FY26 were at 8,36,231 units as compared to 7,41,420 units in FY25, up 12.8%. In FY26, India’s total vehicle exports increased by 24% to 66,47,685 units as compared to 53,62,884 units in FY25.

Going forward, the industry body expects a steady growth in FY27 supported by robust domestic demand and macroeconomic fundamentals. However, it flagged that the West Asia war, if prolongs, could have an impact of demand, supply chain and vehicle production. It added that the uncertainties arising from the West Asia conflict, particularly prices of crude oil and commodities, higher exchange rates and disruptions in shipping routes, remains a concern for the auto sector. On export front, SIAM said the outlook should remain strong, barring some of the geographies such as Mexico, where import duties have been increased, and the Middle East due to geopolitical issues. The two regions account for about 20-22% of India's passenger vehicle exports.