Overview
- Passenger vehicle dispatches rose to about 4.50 lakh units in January, up 12.6–13% year on year, according to SIAM.
- Two-wheeler wholesales climbed 26.2% to 19.26 lakh units and three-wheelers jumped 30.2% to 0.76 lakh units, marking the best January for both segments.
- Total vehicle production across categories reached 29.27 lakh units in January, up about 15% from a year earlier.
- Within passenger vehicles, utility vehicles drove growth as passenger car dispatches fell 5% year on year; Maruti Suzuki led with 1,74,529 units.
- For April–January, passenger vehicle sales rose 6.2% to 37.07 lakh units, with production up 8.4% and exports up 17.6%, while SIAM noted some luxury makers’ data were excluded and Tata Motors’ domestic split was not provided.