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Graphic of the day: Contracting passenger vehicle sales

They fell 1.5 percent in Q2FY26 despite late-quarter boost from GST rate reduction

By Samreen Wani
Last Updated: Oct 16, 2025, 12:56 IST1 min
Passenger vehicle sales contracted 1.5 percent in Q2FY26. This decline occurred despite the late-quarter boost from the GST rate reduction implemented in September. Recovery is led by two-wheeler and three-wheeler segments, which have grown by over 7 percent, and not passenger vehicles.
Passenger vehicle sales contracted 1.5 percent in Q2FY26. This decline occurred despite the late-quarter boost from the GST rate reduction implemented in September. Recovery is led by two-wheeler and three-wheeler segments, which have grown by over 7 percent, and not passenger vehicles.

First Published: Oct 16, 2025, 12:35

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