Extracted Data Points

  • Overall Vehicle Retail: 25,31,067 units in May'26, representing +9.55% YoY growth and -6.75% MoM decline
  • Two-Wheeler: 18,44,947 units, +7.54% YoY (Urban +11.75%, Rural +4.74%)
  • Passenger Vehicle: 4,02,591 units, +23.25% YoY (Urban +18.80%, Rural +30.35%)
  • Commercial Vehicle: 83,823 units, +5.29% YoY (LCV +7.66%, MCV +4.71%, HCV +1.13%)
  • Three-Wheeler: 1,11,526 units, +3.56% YoY
  • Tractors: 83,092 units, +11.17% YoY
  • Wheeled Construction Equipment: 5,088 units, -17.51% YoY
  • FY27 YTD Total: 52,45,449 units, +11.59% YoY
  • EV Penetration: Overall crossed 11% for the first time
  • 2W EV Share: 9.25% in May'26 vs 6.11% in May'25
  • PV EV Share: 6.63% in May'26 vs 4.51% in May'25
  • PV CNG Share: 23.34% in May'26 vs 19.93% in May'25
  • CV EV Share: 2.86% in May'26 vs 1.37% in May'25
  • 3W EV Share: 64.45% in May'26 vs 61.46% in May'25
  • PV Inventory: 31-33 days at May-end (from 28-30 days at April-end)
  • Macro Backdrop: FY26 GDP +7.7% (Q4 +7.8%), RBI repo held at 5.25%, GST collections at ₹1.94 lakh crore
  • Dealer Survey June Expectations: 50.52% expect growth, 39.90% flat, 9.59% de-growth
  • Dealer Survey Next 3 Months: 59.07% expect growth, 33.42% flat, 7.51% de-growth
  • Liquidity Survey: 45.60% good, 43.52% neutral, 10.88% bad
  • Sentiment Survey: 37.05% good, 48.70% neutral, 14.25% bad
  • Data Coverage: Collected from 1,464 out of 1,467 RTOs in collaboration with Ministry of Road Transport & Highways
  • Data Exclusions: 3W, CV and Trac categories not available for Telangana (TS)

OEM Market Share Data - May'26

Two-Wheelers:

  • Hero Motocorp: 5,17,951 units, 28.07% share
  • Honda Motorcycle: 4,52,420 units, 24.52% share
  • TVS Motor: 3,56,352 units, 19.32% share
  • Bajaj Auto: 1,97,738 units, 10.72% share
  • Suzuki Motorcycle: 97,885 units, 5.31% share
  • Royal Enfield: 84,480 units, 4.58% share
  • Yamaha: 60,625 units, 3.29% share
  • Ather Energy: 28,240 units, 1.53% share
  • Ola Electric: 15,141 units, 0.82% share

Three-Wheelers:

  • Bajaj Auto: 39,096 units, 35.06% share
  • Mahindra & Mahindra: 11,790 units, 10.57% share
  • Mahindra Last Mile Mobility: 11,765 units, 10.55% share
  • Piaggio Vehicles: 7,749 units, 6.95% share
  • TVS Motor: 5,931 units, 5.32% share

Commercial Vehicles:

  • Tata Motors: 29,603 units, 35.32% share
  • Mahindra & Mahindra: 22,307 units, 26.61% share
  • Ashok Leyland: 14,812 units, 17.67% share
  • VE Commercial Vehicles: 7,227 units, 8.62% share
  • Maruti Suzuki: 3,636 units, 4.34% share

Passenger Vehicles:

  • Maruti Suzuki: 1,64,925 units, 40.97% share
  • Tata Motors: 55,544 units, 13.80% share
  • Mahindra & Mahindra: 51,311 units, 12.75% share
  • Hyundai Motor: 46,223 units, 11.48% share
  • Toyota Kirloskar: 26,294 units, 6.53% share
  • Kia India: 24,644 units, 6.12% share

Tractors:

  • Mahindra & Mahindra: 19,077 units, 22.96% share
  • Mahindra Swaraj: 15,205 units, 18.30% share
  • International Tractors: 11,120 units, 13.38% share
  • TAFE: 10,659 units, 12.83% share
  • Escorts Kubota: 9,539 units, 11.48% share

Wheeled Construction Equipment:

  • JCB India: 2,265 units, 44.52% share
  • Action Construction: 632 units, 12.42% share
  • Escorts Kubota: 401 units, 7.88% share
  • Ajax Engineering: 388 units, 7.63% share