India’s auto industry shows mixed trends, signs of recovery in Q2: SIAM

India's automobile industry showed mixed trends in the second quarter (Q2) of the Financial Year (FY)202526, with green shoots of recovery visible across key segments, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday.

- TBG NETWORK

The SIAM data shows that the passenger vehicle (PV) sales reached 1.04 million units during July-September 2025, reflecting a marginal de-growth of 1.5 per cent year-on-year. However, September sales climbed 4.4 per cent, buoyed by GST reductions, improved consumer sentiment, and early festive demand. Utility Vehicles (UVs), although still dominating with two-thirds share, dipped by 2.1 per cent. Notably, PV exports hit an all-time high of 2.42 lakh units -- a 23 per cent surge over last year.The TwoWheeler segment emerged strong with 5.56 million