SUVs, 2-wheelers power auto sales growth in April

SUVs, 2-wheelers power auto sales growth in April

NEW DELHI:India’s automobile industry began FY27 with strong growth across segments, led by rising demand for SUVs and two-wheelers, even as concerns persist over higher commodity prices linked to tensions in West Asia.Domestic passenger vehicle sales rose 26% year-on-year to nearly 4.4 lakh units in April, according to data released by the Society of Indian Automobile Manufacturers (Siam). The industry had dispatched around 3.5 lakh passenger vehicles to dealers in April last year.Sport utility vehicles continued to dominate the passenger vehicles market, with utility vehicle dispatches climbing 20% to 2.4 lakh units during the month. Passenger car sales grew at a faster pace, rising 33% year-on year to 1.2 lakh units, while van sales increased 14.4% to 13,087 units.

.

Rajesh Menon, director, Siam, said the industry had carried forward the momentum seen in the second half of FY26, with strong doubledigit growth across passenger vehicles, two-wheelers and three-wheelers. He added that demand has remained healthy despite concerns around rising commodity costs stemming from disruptions in West Asia.The two-wheeler segment also posted strong growth, with overall sales rising 28% to 18.7 lakh units in April. Motorcycle sales rose 30.6% to 11.3 lakh units, while scooter dispatches increased 26.2% to 6.9 lakh units.Three-wheeler sales grew 32.8% year-on-year to 65,668 units last month.

  • Related Posts

    Asian stocks today: Markets retreat as Iran war worries, inflation fears weigh on markets

    Asian markets mostly declined on Friday as investor optimism around artificial intelligence stocks faded amid rising concerns over inflation, elevated oil prices and uncertainty surrounding the Iran war.Japan’s Nikkei 225…

    Stock Market Live Updates: BSE Sensex over 350 points up; Nifty50 goes above 23,800 even as global crude oil prices remain high

    “Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading around 23,769, up by 40 points. Global equities traded mixed after a muted session…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Odisha CHSE Result 2026: Class 12 scorecards expected shortly- where and how to check marks online

    Odisha CHSE Result 2026: Class 12 scorecards expected shortly- where and how to check marks online

    Phera – Official Trailer

    Phera – Official Trailer

    Sara Ali Khan’s home is all about an artist’s abode: 5 art inspirations that you must take away

    Sara Ali Khan’s home is all about an artist’s abode: 5 art inspirations that you must take away

    NEET is still not safe

    NEET is still not safe

    Unnao rape case: Supreme Court quashes Delhi HC order suspending Kuldeep Singh Sengar’s life term

    Unnao rape case: Supreme Court quashes Delhi HC order suspending Kuldeep Singh Sengar’s life term

    Gold price prediction: Where are gold prices headed on May 15, 2026 & what should investors do?

    Gold price prediction: Where are gold prices headed on May 15, 2026 & what should investors do?