India's Auto Retail Sales Soar 17.6% in January, Rural Demand Fuels Growth

• India's auto retail sales surged by 17.6% year-on-year in January, reaching 2.72 million units.
• Strong rural demand, wedding-season buying, and improved sentiment drove growth across most segments.
• Two-wheelers led the charge with a 20.82% increase, while passenger vehicles saw a 7.22% rise, primarily from rural areas.
• Commercial vehicles and tractors also posted significant growth, benefiting from infrastructure activity and crop income.
• EV penetration, however, declined across all segments in January compared to December 2025.