Two-wheelers lead 35% growth, says ETAuto
During the month, PV sales reached 4,17,705 units, showing a growth of 10.6 per cent compared to February 2025, where it stood at 3,77,689 units.society of Indian automobile manufacturers (Siam) on Friday reported a historic performance for the month of February 2026, with the industry achieving its “highest ever” sales for the month led by two-wheelers (2W), passenger vehicles (PV) and three-wheelers (3W).
As per the latest data released, the domestic automotive market witnessed double digit growth across all major segments compared to last year. The 2W segment led the way with a massive growth of 35.2 per cent, with a total of 18,71,406 units sold as against 13,84,605 units in the same period last year.
Within this category, scooters witnessed a notable growth of 42.3 per cent with 7,29,774 units, while motorcycles witnessed a growth of 30.8 per cent with 10,96,537 units.
During the month, PV sales reached 4,17,705 units, showing a growth of 10.6 per cent compared to February 2025, where it stood at 3,77,689 units. While on the 3W front, it saw a strong growth of 29.0 percent, with sales at 74,573 units compared to 57,788 units in the same period in 2025. Passenger carriers within this segment grew by more than 30 percent with 60,013 units.
PV data excludes some luxury brands (BMW, Mercedes, JLR, Volvo) for which data was not available. Siam.
industry outlook
SIAM Director General Rajesh Menon attributed the performance to “positive sentiments” within the industry. However, he cautioned that although festive drivers are expected to benefit in March, the horizon is not entirely clear. The industry is currently monitoring the conflict in West Asia, which poses a potential threat to global supply chains.
SIAM warned that these geopolitical developments could ultimately impact both manufacturing processes and export capabilities. Highlighting the delicate balance between strong domestic demand and external risks, Menon said the industry will keep a close eye on emerging geopolitical developments.
