Indian Automobile Industry Q1 2025-26 Performance Summary

The Indian automobile industry experienced a mixed Q1 performance in 2025-26, with passenger vehicle sales crossing the 1 million mark for the second consecutive quarter, but lower sales in the later part of the quarter led to a 1.4% de-growth compared to Q1 of 2024-25. The Two-Wheeler segment posted a 6.2% de-growth, but retail registration increased by 5% driven by the marriage season and positive demand sentiments. Commercial Vehicles posted a marginal 0.6% de-growth, but exports grew by 23.4% with 0.2 Lakh units.

Key Takeaways:

Passenger vehicle sales crossed the 1 million mark in Q1 of 2025-26, but lower sales in the later part of the quarter led to a 1.4% de-growth compared to Q1 of 2024-25.
The Two-Wheeler segment posted a 6.2% de-growth, but retail registration increased by 5% driven by the marriage season and positive demand sentiments.
Commercial Vehicles posted a marginal 0.6% de-growth, but exports grew by 23.4% with 0.2 Lakh units.
Passenger Vehicles saw their highest ever exports in Q1 of 2025-26, with 2.04 Lakh units, registering a growth of 13.2% over Q1 of 2024-25.
The Two-Wheeler segment exports registered a growth of 23.2% in Q1 of 2025-26, with 1.14 million units, driven by a revival in neighboring markets and continued growth momentum across key export markets.
Three-Wheelers posted its highest ever Q1 sales of 1.65 Lakh units with a marginal growth of 0.1%, especially driven by the Passenger Carrier sub-segment.
The retail registration of cargo segment continues to grow well, reflecting the increased demand for intracity low-load cargo.

Statistics:

Passenger Vehicle sales in Q1 of 2025-26: 1.01 million units
Two-Wheeler sales in Q1 of 2025-26: 4.67 million units
Commercial Vehicle sales in Q1 of 2025-26: 2.23 Lakh units
Passenger Vehicle exports in Q1 of 2025-26: 2.04 Lakh units
Two-Wheeler exports in Q1 of 2025-26: 1.14 million units
Three-Wheeler sales in Q1 of 2025-26: 1.65 Lakh units

Sources:

Society of Indian Automobile Manufactures