Maruti, Tata lead PV industry to continue growth momentum in May 2026
The Indian passenger vehicle industry experienced significant growth in May 2026, led by strong sales from Maruti Suzuki and Tata Motors. Demand for CNG and electric vehicles saw a notable surge across major manufacturers.
Why it matters
The data indicates a robust recovery and shifting consumer preferences toward greener vehicle technologies in the Indian automotive market.
Automobile wholesales gained momentum with many OEMs reporting record breaking sales in May 2026. The Passenger Vehicles (PV) industry is estimated to have sold 4.4 lakh units in May.
The report relies on corporate sales data and industry performance metrics.
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