India's PV Sales Hit Record 4.7 Million Units in FY26

India's passenger vehicle market reached a record high in the financial year 2025-26, with domestic sales climbing 8 percent year-on-year to nearly 4.7 million units, surpassing the previous peak of 4.34 million units in FY25. Maruti Suzuki India Ltd led the surge, posting its best-ever annual domestic wholesales of 1.82 million units, a 3.54 percent increase from the prior year, while its Dzire sedan emerged as the country's top-selling model with 229,130 units sold.

The Dzire's success stood out in a market dominated by SUVs, which accounted for about 58 percent of total volumes. It outperformed competitors like the Tata Nexon, which sold 216,000 units for second place, the Hyundai Creta with 202,000 units in third, the Maruti Ertiga at 199,000 units in fourth, and the Maruti Swift with 185,000 units in fifth. Maruti Suzuki secured six spots in the top 10, including the WagonR at seventh with 180,000 units, down from its FY25 lead of nearly 198,000 units amid softening demand for compact cars. Other notable performers included the Tata Punch at sixth with 184,000 units, Maruti Brezza at eighth with 180,000 units, Mahindra Scorpio at ninth with 179,000 units, and Maruti Baleno...