Car Retail Sales Oct 2026 – Maruti, Tata, Mahindra, Hyundai, Kia, Toyota, Skoda VW, MG, Honda

Car Retail Sales Cross 5 Lakh Units in October 2026 despite 14.23% YoY decline

India’s passenger vehicle retail sales stood at 5,07,768 units in October 2026, registering a 14.23% year-on-year (YoY) decline compared to 5,92,032 units sold in October 2025. However, sales recorded a strong month-on-month (MoM) growth of 18.86% over the 4,27,213 units retailed in September 2026.

This YoY decline can largely be attributed to a shift in the festive calendar, with key occasions such as Dhanteras and Diwali falling in November this year. Dhanteras will be celebrated on November 6, followed by Diwali on November 8, 2026, pushing a significant portion of festive vehicle purchases into the following month. However, despite the annual decline, October 2026 recorded the third-highest October retail sales in history, highlighting the underlying strength of this segment.

Cumulative retail sales for the period April-October 2026 period also remained encouraging. YTD sales increased by 16.14% to 30,68,353 units, up from 26,35,837 units retailed during the corresponding period last year.

Fuel-wise Sales Breakup

In a fuel wise breakup, petrol/ethanol cars dominated with a 41.60% share while diesel held a 16.57% share and CNG/LPG commanded a 24.59% share. There was a significant rise in hybrid (strong + mild) and EVs which improved their market shares to 9.94% and 7.38% respectively. Urban and rural demand ended on a positive note with a 20.10% and 16.90% growth.

OEM-wise Car Sales Breakup October 2026

Maruti Suzuki continued to dominate the passenger vehicle retail market, registering sales of 2,11,996 units in October 2026 and commanding a market share of 41.75%. Tata Motors secured a No. 2 position with 73,449 units, overtaking Mahindra, which recorded sales of 64,982 units.

Tata Motors maintained an advantage of 8,467 units over Mahindra during the past month. However, both automakers strengthened their market positions, with market shares of 14.47% and 12.80%, respectively.

Hyundai Motor at No. 4 suffered a sales setback to 58,099 units in Oct 2026 from 69,458 units sold in Oct 2025 while Kia India overtook Toyota with 30,799 unit sales. Toyota sales dipped to 28,727 units from 38,367 units on a YoY basis taking down market share to 6%.

VW Skoda Group, which saw retail sales at 9,150 units in the past month, suffered a sequential decline in its market share to 1.80% from 2.27% held in the same month last year when sales had stood at 13,459 units.

JSW MG Motor Records Growth, Honda and Renault Sales Decline

JSW MG Motor has seen its retail sales improve to 7,082 units, up from 6,729 units sold in Oct 2025 taking up market share to 1.39%. Honda Cars reported a sales decline to 5,455 units from 7,777 units YoY while Renault India sales dipped to 3,505 units from 5,122 units.

Nissan Motor sales increased to 3,273 units in Oct 2026, up from 2,649 units of Oct 2025 while market share also improved to 0.64% from 0.45%. Vietnamese automaker VinFast also registered a sharp increase in retail volumes, with sales rising to 2,517 units in October 2026 from just 142 units in October 2025.

Luxury Car Retail Sales Oct 2026

In the luxury car segment, another OEM to report strong sales in Oct 2026 was BMW India with 1,770 unit sales in the past month. In this segment as well, Mercedes Benz sales dipped to 1,682 units from 2,077 units YoY. Force Motors sales went up to 1,330 units with a 0.26% market share.

The Stellantis Group (Citroen and Jeep) suffered a setback in sales down to 1,079 units in Oct 2026 from 1,419 units on a YoY basis while BYD India sales improved to 737 units from 708 units during the periods in question. Jaguar Land Rover sales dipped to 472 units from 506 units while other OEMs added 1,610 units to total retail sales.