Passenger Vehicle

Robust utility vehicle demand, GST 2.0-led momentum and lower financing costs keep passenger vehicle dispatches strong, with industry expecting record sales in calendar 2026

Domestic passenger vehicle dispatches from companies to dealers clocked a record 12,73,811 units in the first quarter of this fiscal year, registering a growth of 25.9 per cent driven by strong domestic demand despite the headwinds from the West Asia war, industry body SIAM said on Wednesday. Passenger vehicle dispatches in the first quarter of last fiscal year stood at 10,11,884, Society of Indian Automobile Manufacturers (SIAM) said in a statement. The previous highest dispatches of PVs in the first quarter of a fiscal year was posted in Q1 of 2024-25 at 10.3 lakh units. Two-wheelers posted a growth of 20.3 per cent in the first quarter at 56,28,675 units as against 46,77,990 units in the year-ago period, SIAM said. Three-wheelers also clocked highest-ever Q1 dispatches at 2,14,339 units as compared to 1,65,211 units in the same period last fiscal year, a growth of 29.7 per cent, it added. In Q1 of 2026-27, commercial vehicles also posted its highest-ever sales with 2.65 lakh un

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Domestic passenger vehicle dispatches from companies to dealers rose 25.4 per cent year-on-year to 4,37,312 units in April this year, industry body SIAM said on Thursday. Passenger vehicle dispatches stood at 3,48,847 units in April 2025, SIAM said in a statement. Total two-wheeler sales rose 28.4 per cent to 18,72,691 units last month as against 14,58,784 units in April last year, it added. Three-wheeler dispatches to dealers were up 32.8 per cent last month at 65,668 units as against 49,441 units in the year-ago period, it added.

Tata Motors Passenger Vehicles Ltd on Friday reported a 31.12 per cent increase in total sales at 59,701 units in April 2026 as compared to 45,532 units in the same month last year. Passenger vehicle sales in the domestic market stood at 59,000 units last month as against 45,199 units in the year-ago period, a growth of 30.5 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. Sales on passenger vehicles in the international market were at 701 units as compared to 333 units in April 2025, a jump of 110.5 per cent, it added. Combined electric vehicle sales in the international and domestic market stood at 9,150 units as compared to 5,318 units in the same month last year, a growth of 72.1 per cent, the company said.

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High base effect, weak pentup demand, and West Asia conflict to temper momentum

Tata Motors Passenger Vehicles Ltd on Wednesday reported a 29 per cent rise in total sales at 66,971 units in March 2026 as compared to 51,872 units in the same month last year. Passenger vehicle (PV) sales in the domestic market stood at 66,192 units as compared to 51,616 units in the same month last year, a growth of 28 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. International business PV sales jumped over three-fold at 779 units last month as against 256 units in March 2025, it added. Total electric vehicle sales last month stood at 9,494 units as against 5,353 units in the year-ago period, up 77 per cent. For FY26, total sales were at 6,41,587 units as compared to 5,56,263 units in FY25, a growth of 15 per cent, the company said. Commenting on the performance, Tata Motors Passenger Vehicles Ltd MD and CEO Shailesh Chandra said for the company FY26 has been a landmark year marked by multiple milestones. "We achieved our highest-ever annual sales .

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