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Business News | SIAM Expects Steady Festive Demand After Record Q1 Sales Across Vehicle Segments

India
July 15, 2026
Get latest articles and stories on Business at LatestLY. India's automobile industry is expected to see steady demand in the second quarter of FY26-27 as the festive season begins. This follows a strong first quarter, during which all vehicle segments recorded double-digit growth. Passenger vehicles, commercial vehicles, and three-wheelers achieved their highest-ever first-quarter sales, according to the Society of Indian Automobile Manufacturers (SIAM).