
During Feb 2026, India’s automobile industry sustained its growth momentum, with strong year-on-year gains across passenger vehicles, two-wheelers, and commercial vehicles. In the four-wheeler segment, Maruti Suzuki India Limited retained its leadership with sales of 213,995 units, up 7% from a year earlier, while Tata Motors Passenger Vehicle Ltd posted a sharp 35% rise to 63,331 units and Mahindra & Mahindra grew 18% to 97,177 units.
The two-wheeler space witnessed robust double-digit expansion, led by TVS Motor Company Ltd, which surged 31% to 5,29,308 units, followed by Bajaj Auto Ltd with a 27% increase and Eicher Motors Ltd reporting 11% growth in its motorcycle division.
Commercial vehicles also recorded impressive gains, with Tata Motors Ltd leading the trucks and buses category with a 37.1% jump, alongside healthy growth from Ashok Leyland Ltd, Escorts Kubota Ltd, Eicher Motors Ltd, and SML Mahindra Ltd. The broad-based uptick underscores resilient consumer demand and improving fleet replacement cycles, positioning the sector on a firm footing as it heads into the final month of FY26.
| Company Name | Total Sales (Feb 2026) | Total Sales (Feb 2025) | YoY% |
| Four Wheelers | |||
| Maruti Suzuki India Limited | 213,995 | 199,400 | 7 |
| Tata Motors Passenger Vehicle Ltd | 63,331 | 46,811 | 35 |
| Mahindra & Mahindra | 97,177 | 83,702 | 18 |
| Two Wheelers | |||
| TVS Motor Company Ltd | 5,29,308 | 4,03,976 | 31 |
| Bajaj Auto Ltd | 4,48,259 | 3,52,071 | 27 |
| Eicher Motors Ltd (Motor Cycles) | 1,00,905 | 90,670 | 11 |
| Trucks & Buses | |||
| Tata Motors Ltd | 42,940 | 32,533 | 37.1 |
| Eicher Motors Ltd | 9,986 | 8,092 | 23.4 |
| Ashok Leyland Ltd | 20,314 | 15,879 | 28 |
| Escorts Kubota Ltd | 10,339 | 8,590 | 20.4 |
| SML Mahindra Ltd | 1,503 | 1,288 | 17 |
Also Read: E2W Market Faced Decline: Ola Electric Drops Out of Top 5 as February Sales Slide 47%
Overall, February 2026 showcased a strong and broad-based recovery across India’s automobile sector, with four-wheelers, two-wheelers, and commercial vehicles all posting robust year-on-year gains. Domestic demand remained the key driver, complemented by rising exports, particularly in passenger and utility vehicles. The consistent growth across segments reflects improving consumer confidence, renewed fleet replacement cycles, and a resilient manufacturing ecosystem, positioning the industry for a promising start to the second half of FY26.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 2, 2026, 12:49 PM IST

Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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