Auto companies in India registered double-digit growth in wholesale volumes in February 2026, supported by strong demand across segments, according to a research report by Aditya Birla Capital.
Auto retail sales in India maintained healthy momentum in December 2025, with industry players projecting the positive trend to continue into the final quarter of the fiscal year. Wholesale numbers for December 2025 are expected to show double-digit growth across most major manufacturers.
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
The Indian automobile industry witnessed mixed performance in August 2025 with passenger vehicle sales declining, while three-wheeler and two-wheeler segments registered growth, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.