SIAM estimates that _*car, SUV, and van sales may collectively grow by 1-4% in FY26*_. This projection is based on domestic sales and _*follows a 1.8% growth in FY25*_, which saw 3,139,288 units sold. 📈📈 _But there seems to be a bit of a problem in the Indian auto sector._ _*The share of first-time car buyers has decreased by 42% in the last 2 years*_, hindering growth in the mass market segment. ⚠️ - Maruti Suzuki India anticipates PV sales growth of 1-1.5% in FY26. - Hyundai Motor India anticipates PV sales growth of 1-1.5% in FY26. - M&M, aiming to outperform the industry average, expects overall PV sales to grow by 1-2%, with their _*utility vehicle sales outpacing the market at an estimated 8% growth*_. 💪 - Kia India is slightly more optimistic, estimating industry growth of 2-3%. 📊