TVS Motor total vehicle sales rise 24% to 672,790 units in September
TVS Motor Company said its total vehicle sales grew 24 per cent to 672,790 units in September as against 541,064 units in the same month last year.
NEW DELHI, October 1, 2026 - Passenger vehicle dispatches in the domestic market rose approximately 21 percent to 4.60 lakh units in September, according to estimates. All major car manufacturers recorded double-digit growth during the period. This growth occurred as manufacturers increased supplies to dealerships in preparation for the peak festival season beginning in October, while demand remained robust.
The industry dispatched around 4.60 lakh units in September, with Maruti Suzuki India leading the charge with a 37 percent increase to 1,81,838 units. Tata Motors PV followed as the second-largest player, with dispatches of 68,810 units, a 15 percent increase. Maruti Suzuki India Senior Executive Officer Partho Banerjee attributed the growth to a lower base last September, when sales were impacted by near-22 days of delays ahead of the GST 2.0 rollout.
Banerjee noted that the industry benefits from lower GST rates, reduced repo rates, changes in income tax slabs, and a large pending order book of 2 lakh units along with a network stock of 17 days. The industry anticipates strong demand during the upcoming festival season, with the growth rate potentially facing a slight dip due to pent-up demand from the previous festival period.
Hyundai Motor India's MD and CEO, Tarun Garg, expressed optimism about sustained customer enthusiasm during the festival season.
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