[India’s Auto Sales Grow 18.2% in Q2 FY2027]

Published: Oct 16, 2026 13:20 (GMT+8)

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India’s automobile sales rose 18.2% YoY to 8.39 million units in Q2 (July-September 2026), according to Society of Indian Automobile Manufacturers (SIAM). Passenger vehicle sales increased by 30.7% to 1.36 million units, while commercial vehicle sales grew 28.7% to 309,063 units. Festive demand, improved affordability following GST reforms and infrastructure spending supported sales growth. Higher vehicle sales may support demand for automotive steel, particularly flat steel, although actual steel consumption also depends on vehicle production.

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