Business Economy


Auto sales hit record high in Jan reflecting strong momentum: SIAM

New Delhi, Feb 13 (UNI) The Indian automobile industry clocked its highest-ever January sales in 2026, with passenger vehicles, two-wheelers and three-wheelers posting double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday here.
Total vehicle production, including passenger vehicles, three-wheelers, two-wheelers and quadricycles, stood at 29,27,394 units in January 2026, reflecting strong momentum at the start of the calendar year.
Domestic sales figures showed robust growth across segments. Passenger vehicle sales rose to 4,49,616 units in January 2026, registering a 12.6 per cent increase over 3,99,386 units sold in January 2025.
Three-wheeler sales recorded a sharp 30.2 per cent jump to 75,725 units, compared to 58,167 units in the same month last year. Within the segment, passenger carriers grew 30.4 per cent to 60,881 units, while goods carriers surged 33.4 per cent to 13,374 units. E-cart sales increased 18.5 per cent to 545 units, though e-rickshaw sales dipped 7.9 per cent to 925 units.
Two-wheeler sales witnessed a strong 26.2 per cent growth, rising to 19,25,603 units in January 2026 from 15,26,218 units a year ago. Scooter sales led the surge, climbing 36.9 per cent to 7,50,580 units. Motorcycle sales rose 20.3 per cent to 11,26,416 units, while mopeds grew 16.1 per cent to 48,607 units.
Commenting on the performance, SIAM Director General Rajesh Menon said that passenger vehicles, two-wheelers and three-wheelers posted their highest-ever sales for the month of January in 2026.
"4.50 lakh units of passenger vehicles were sold in January 2026, with a growth of 12.6 per cent compared to January 2025. Three-wheelers witnessed strong growth of 30.2 per cent, while two-wheelers grew by 26.2 per cent," he said.
Menon noted that the new year has begun on a positive note, extending the strong momentum seen in the previous quarter.
He attributed the growth to sustained demand following the GST rate reduction and said that initiatives announced in the union Budget 2026 to strengthen India's manufacturing base, along with existing policy support, are expected to deliver long-term benefits and support medium-term growth in the sector.
However, SIAM clarified that sales data of certain luxury carmakers were not included in the passenger vehicle tally, while Tata Motors' domestic sales were included only in the total passenger vehicle figure without detailed break-up.
With record January sales and broad-based growth across segments, the industry appears poised for a strong performance in the months ahead.
UNI SAS ARN
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