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The Economic Times

Economy / The Economic Times

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Carnival Time! Auto cos on a roll as demand stays strong

Indian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven by a favorable base effect, GST rate cuts, and easier financing, saw record May sales for passenger vehicles, three-wheelers, and two-wheelers, despite global economic uncertainties.

16 Jun 2026 12:39 am