CHENNAI: The Indian passenger vehicle (PV) industry delivered a resilient performance in May 2026, with four of the six leading automakers-which together account for nearly 94% of India's PV volumes-posting double-digit year-on-year growth despite recent vehicle price increases driven by rising raw material costs linked to the West Asia crisis, and a fuel price hike implemented during the second half of the month.

Maruti, Kia report all-time high sales during the month

Major automotive manufacturers Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra, and Toyota Kirloskar Motor recorded positive growth in their sales figures for May 2026.…