Author: Aditi Sen
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India: Auto sales show strong growth in Jan-Aug’26; passenger vehicle sales rise 23% y-o-y
Festive buying shifts towards Sep amid calendar changes Elevated PV inventories pressure dealer working capital India’s automobile sector maintained strong growth in January-August 2026 (8MCY’26), according to data from the Society of Indian Automobile Manufacturers (SIAM), supported by broad-based demand across major vehicle segments. Passenger vehicle sales increased 23% y-o-y to 3.48 million units, while…