Lucknow: India’s automobile industry achieved unprecedented growth in the third quarter of FY2025–26, with all major vehicle segments reporting their highest-ever Q3 sales, driven by festive demand, policy support, and improved affordability.
The passenger vehicle segment recorded 12.76 lakh units in Q3, marking a 21% increase compared with the same period last year. Calendar year sales for 2025 reached 44.90 lakh units, up 5% year-on-year. Exports also hit a record high of 2.25 lakh units in Q3, growing 11.7%, with full-year exports reaching 8.63 lakh units.
The two-wheeler segment posted its best-ever quarter with 5.70 million units sold, growing 16.9% from Q3 FY25. Annual sales crossed 20 million units, reaching 20.50 million, a 4.9% growth. Two-wheeler exports surged to 1.37 million units in Q3, up 24.3%, bringing full-year exports to 4.94 million units.
Three-wheeler sales also climbed, reaching 2.15 lakh units in Q3, a 14% increase. Exports jumped 70.1% in Q3 to 1.27 lakh units, with full-year exports at 4.26 lakh units, supported by demand from Sri Lanka and Africa.
The commercial vehicle segment saw its strongest Q3 ever, with 2.90 lakh units sold. Calendar year sales rose to 10.28 lakh units, up 7.7%, while exports grew to 0.25 lakh units in Q3 and 0.92 lakh units for the full year.
Industry analysts attribute the record growth to improved affordability following GST 2.0, rising disposable incomes, repo rate cuts, and income tax relief, coupled with strong festive season demand.
