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RACE Analytics
Analytics for the automotive & industrial equipment industry

Analyst-ready automotive flash reports and forecasts across multiple countries and 9 vehicle segments — from two-wheelers and three-wheelers to trucks, tractors and construction equipment.

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Flash Reports
Overall Automotive Industry

Overall Automotive Industry

Comprehensive market analysis across all vehicle categories and segments

Last published: September 2026

Market Summary - August 2026

Total Market Size:2,331,618 units
Growth Rate:-6% MoM | — YoY
Overall Alternate Penetration:19.6%

Sales & Forecast

Forecast indicates trajectory based on historical volumes and computed projections. AG Tractors and Construction Equipment are excluded.

Total
–Δ Historical MoM

India's automotive market recorded 2.33 million units in August 2026. Sales are forecast to decline to 1.93 million units in September, before recovering to 2.07 million units in October. Volumes are expected to remain around 2.0 million units through November–December, rise to 2.11 million units in January 2027, and moderate to 1.94 million units in February. Two-Wheelers will remain the main market driver, supported by Passenger Vehicles, Commercial Vehicles, Three-Wheelers, Tractors, and Construction Equipment.

Alternative Fuel Adoption – Segment-wise Comparison

Comparison of segment-wise alternative fuel share between Jul 2026 and Aug 2026.