Overview
- SIAM data released Monday showed total wholesales across passenger vehicles, two‑wheelers and three‑wheelers rose 16.8% to 2,352,693 units and that passenger vehicle dispatches reached a record 438,854 units.
- Two‑wheelers wholesales climbed 14.8% to 1,902,209 units with scooters leading at 739,667 units while motorcycle volumes grew more modestly to 1,113,973 units.
- Three‑wheeler shipments jumped 31.1% to 70,720 units led by passenger carriers and goods carriers and small electric subsegments such as e‑rickshaws and e‑carts posted large percentage gains on a small base.
- Dealer retail data from the Federation of Automobile Dealers Associations showed passenger vehicle retail sales crossed the 400,000 mark in May, confirming strong dealer restocking and consumer purchases.
- Industry officials and analysts attribute the surge to reduced GST rates, easier financing and a low base from May 2025 while warning that planned manufacturer price increases could slow sales growth if affordability is hit.