2 months ago
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Passenger vehicles (PV), two-wheelers (2W) and three-wheelers (3W) posted their highest ever wholesales successful February 2026, with treble digit growth, compared with February 2025, according to information released by the Society of Indian Automobile Manufacturers (SIAM) connected Friday.
A full of 4.18 lakh units of PVs were sold successful February 2026, a maturation of 10.6%, arsenic compared with the year-earlier period.
Three wheelers witnessed a beardown maturation of 29% compared with February past year, with income of 0.75 lakh units, portion two-wheeler income grew by 35.2% implicit February past year, with income of 18.71 lakh units, arsenic per the data.
Commenting connected February 2026 performance, Rajesh Menon, Director General, SIAM said, “Positive sentiments successful the manufacture continues with [year connected year] double-digit maturation [across segments].”
“While the period of March has festive drivers successful respective parts of the country, the caller struggle successful West Asia remains a concern, some from the position of proviso chain, which could interaction the manufacturing processes and exports. Industry would support a adjacent ticker connected evolving geopolitical developments,” helium added.
