Auto wholesales: PV segment clocks 30% growth in Q2
Automobile wholesales in India saw significant growth in Q2 FY2027, with passenger and commercial vehicles rising by nearly 30%. Growth was driven by improved affordability, new vehicle technologies, and strong financing support.
Why it matters
The data provides a key indicator of consumer demand and economic health in the Indian manufacturing and retail sectors.
All segments of the automobile sector reported double digit growth in Q2 FY2027 (July-September 2026) with Passenger Vehicles (PV) and Commercial Vehicles (CV) reporting wholesales growth of nearly 30% year-on-year (YoY) according to auto wholesales data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday (October 15, 2026).
Passenger Vehicle sales stood at 1.36 million units in Q2 of 2026-27, registering a growth of 30.7% compared to Q2 of 2025-26.
The Utility Vehicle (UV) sub-segment continued to dominate the PV market, accounting for 68% of total PV sales, SIAM data shows.
UV sales grew by 34.2% in Q2 of 2026-27, compared with Q2 of 2025-26. Passenger car sales also recorded a strong double-digit growth rate of 24.9% during the quarter.
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