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EquityWireData Alert: May auto despatches rise 19% YoY on faster export growth - SIAM
Data Alert

May auto despatches rise 19% YoY on faster export growth - SIAM

This story was originally published at 12:28 IST on 15 June 2026
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Informist, Monday, Jun. 15, 2026

 

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--SIAM: India May passenger vehicle sales 438,854 units
--SIAM: India May passenger vehicle sales 438,854 units, up 27% on year
--SIAM: India May 2-wheeler sales 1.90 mln units, up 14.8% on year
--SIAM: India May scooter sales 739,667 units, up 27.4% on year
--SIAM: India May motorcycle sales 1.11 mln units, up 7% on year
--SIAM: India May 3-wheeler sales 70,720 units, up 31% on year
--SIAM: May total vehicle exports at 625,731 units, up 31% on year
--SIAM: May passenger vehicle output 432,050 units, up 11% on year
--SIAM: May 2-wheeler output 2.38 mln units, up 13% on year
--SIAM: May 3-wheeler output 116,345 units, up 33% on year
--SIAM: India Apr-May passenger vehicle sales 759,790 units, up 25% YoY
--SIAM: India Apr-May 2-wheeler sales 3.78 mln units, up 21% on year
--SIAM: India Apr-May total vehicle sales 4.67 mln units, up 22% on year
--SIAM: India May total vehicle sales 2.35 mln units, up 17% on year
 

 

MUMBAI – Automakers sold 2.98 million vehicles to dealerships in India and overseas in May, up 19% on year but only 1% on month, according to data from the Society of Indian Automobile Manufacturers. Domestic wholesale sales grew nearly 17% on year to 2.35 million units, while exports rose 31% to 625,731 units, the data showed.

 

"Lower base effect of previous May and demand created due to reduced GST rates, with easier financing, is again getting reflected in higher off-take this month," SIAM Director General Rajesh Menon said in a press release.

 

Two-wheelers, which form the biggest segment of automobiles sold in the country, registered wholesale sales of 1.90 million units in May, up almost 15% on year. Demand for scooters continued to outpace that for motorcycles, as both sales and production of scooters fared better last month. 

 

In May, companies sold 739,667 scooters to Indian dealerships, up 27% on year, and 63,575 units overseas, up 35%. Their output grew almost 20% on year to 809,456 units. Motorcycles account for nearly 60% of the two-wheelers sold in India. Their domestic sales grew 7% on year to 1.11 million units and exports improved 31% to 436,500 units. 

 

Despatches of passenger vehicles in India grew 25% on year to 379,764 units, while exports rose 13% to 76,051 units. Companies manufactured 432,050 passenger vehicles last month, up nearly 11% on year. These figures do not include sales of cars made by BMW, Mercedes, Tata Motors Passenger Vehicles Ltd., Jaguar Land Rover, and Volvo Auto. Including Tata Motors PV, domestic sales grew 27% on year to 438,854 units.

 

Wholesale sales of passenger cars and utility vehicles maintained a similar pace of growth in May in India, but overseas, the former saw contraction even as the latter registered robust growth.

 

Wholesale sales of three-wheelers in India improved on strength across sub-segments. Their sales in India grew 31% on year to 70,720 units, while their exports grew even faster at 56% to 48,513 units. Overall, their output improved 33% on year to 116,345 units in May. Companies cut production of electric rickshaws by half, although they account for a very tiny fraction of all the three-wheelers sold in India.

 

Automobile companies have sold 4.67 million vehicles in India in Apr-May, up 22% on year. Exports in the first two months of the ongoing financial year rose 34% on year to 1.25 million units. Output across automobile segments in Apr-May stood at 5.85 million units, up a shade over 19% on year. 

 

The Society of Indian Automobile Manufacturers detailed domestic vehicle sales figures for May as follows:

 

Segment May-26 Apr-26 May-25 Year-on-year change (in %)
Passenger vehicles 379,764 378,312 303,099 25.3
Passenger cars 120,975 120,945 93,951 28.8
Utility vehicles 245,549 244,280 196,821 24.8
Vans 13,240 13,087 12,327 7.4
Two-wheelers 1,902,209 1,872,691 1,657,116 14.8
Scooters 739,667 691,993 580,696 27.4
Motorcycles 1,113,973 1,138,452 1,039,156 7.2
Mopeds 48,569 42,246 37,264 30.3
Three-wheelers 70,720 65,668 53,942 31.1
Quadricycles 0 0 1 --

 

* Data does not include sales numbers of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data is included only in 'Total PV', detailed break-up is not available.

 

The Society of Indian Automobile Manufacturers detailed vehicle production figures for May as follows:

 

Segment May-26 Apr-26 May-25 Year-on-year change (in %)
Passenger vehicles 432,050 439,259 389,491 10.9
Passenger cars 145,451 146,552 136,859 6.3
Utility vehicles 273,186 280,446 238,226 14.7
Vans 13,413 12,261 14,406 (-)6.9
Two-wheelers 2,378,243 2,373,587 2,105,723 12.9
Scooters 809,456 827,750 677,423 19.5
Motorcycles 1,520,209 1,502,645 1,389,167 9.4
Mopeds 48,578 43,192 39,133 24.1
Three-wheelers 116,345 108,461 87,555 32.9
Quadricycles 1,073 1,120 371 189.2

 

* Data does not include production of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data is included only in 'Total PV', detailed break-up is not available.

 

End

 

Reported by Anand JC

Edited by Avishek Dutta

 

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