Times of India | Car sales resilient in May as industry braves headwinds
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In May 2026 the Indian passenger‑vehicle (PV) market showed surprising resilience, with four of the six top manufacturers—who together account for about 94 % of domestic PV volumes—recording double‑digit year‑on‑year growth despite price pressures from higher raw‑material costs tied to the West‑Asia crisis and a mid‑month fuel‑price hike. Maruti Suzuki led the surge with a 40 % increase, Tata Motors posted a 42 % rise, while Mahindra and Kia grew 11 % and 24 % respectively, indicating that consumer demand remains robust. Maruti’s senior executive Partho Banerjee highlighted a new all‑time monthly sales record, noting a 57 % jump in SUV sales and an unprecedented CNG‑vehicle volume of nearly 78,000 units, suggesting the sector has so far weathered the recent challenges.

Car sales resilient in May as industry braves headwinds
CHENNAI: The Indian passenger vehicle (PV) industry delivered a resilient performance in May 2026, with four of the six leading automakers-which together account for nearly 94% of India's PV volumes-posting double-digit year-on-year growth despite recent vehicle price increases driven by rising raw material costs linked to the West Asia crisis, and a fuel price hike implemented during the second half of the month.





