Spinny, India's full-stack used car marketplace, has published its Q3 CY24 report highlighting a significant growth in the used-car segment in the last two quarters of CY24. The report also mentions the important trends that have emerged in car buyer preferences, financing options and delivery choices.

One of the most notable trends is Honda's ascent back to the top three most popular auto brands, replacing Tata in the rankings along with Maruti Suzuki, Hyundai and City as important models. Furthermore, the Renault Kwid remains a popular vehicle with consumers, ranking in the top three models for the third consecutive quarter alongside the Hyundai Grand i10 and Maruti Suzuki Waggon R. Furthermore, with 12 percent growth over the previous quarter, the compact SUV segment is the category with the fastest rate of growth. Eighty-three percent of buyers indicated that they preferred petrol-powered vehicles, 12 percent diesel and 5 percent compressed natural gas. Red, white and grey are the most popular colours among automobile purchasers.

A 6 percent rise in customers choosing auto financing is indicative of an increasing level of trust in Spinny's financial services, according to its research. Significantly, 60 percent of all purchases were funded by Spinny's easy financing services, highlighting the business's open and customer-focused philosophy. With 65 percent of consumers choosing to buy automobiles online, a 5 percent increase from the previous quarter, the research also shows an increase in digital car purchases. This change reflects India's increasing inclination towards online transactions for auto purchases. Furthermore, there has been a notable increase in hub deliveries; 82 percent of buyers preferred to pick up their vehicles at Spinny Hubs or Spinny Parks, while just 18 percent selected home delivery. The increase in hub deliveries from the previous quarter is 7 percent, with 53 percent of these deliveries taking place at Spinny Parks. 

In line with Spinny's efforts to increase the number of women who own cars, the company's data also reveals a sharp increase in first-time car buyers, who now account for 67 percent of all customers. Of these women, 30 percent are female. Another noteworthy change is the increasing inclination of consumers towards manual transmissions, which now account for 76 percent of purchases, up from 70 percent in the prior quarter. In contrast, automatic transmissions have decreased to 24 percent from 30 percent.

Urban areas have seen strong growth in the used luxury car industry, with Delhi leading the way, followed by Bengaluru and Mumbai. Popular models like the Audi A4 and BMW X1 demonstrate India's preference for high-end German vehicles, and the Jeep Compass is now among the best options.

Over a million people used Spinny every day during its recent Freedom Days event, which ran from 15–18 August. The company reported a 15 percent spike in traffic across the country during this time. During this campaign, Bengaluru, Pune and Delhi NCR were the top car-buying regions and cities. Furthermore, the campaign's average buyer age of 36 years showed a little older client base than the average of 32 years earlier. As the necessity and demand for EVs grows, Nexon EV is now the customer's favourite model thanks to Spinny's collaboration with Tata Motors, followed by Tiago EV in Bengaluru, Mumbai and Pune.

Niraj Singh, Founder & CEO, Spinny, said, “The trust our customers place in us reflects our commitment to making car buying and selling simple and delightful. The consistent rise in car financing and the increasing number of women buyers are a testament to young India's embrace of Spinny’s efforts to make used car transactions more transparent and customer-focused, fulfilling aspirations of car ownership and its significance for Indian households. It’s interesting how our dynamic nation continues to evolve every quarter with its diverse tastes, keeping us excited and encouraging us to enhance our services.”

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Kia India, one of the leading passenger vehicle manufacturers, has reported its best-ever monthly wholesale performance of 32,017 units in September 2026, representing a 41 percent increase compared to 22,700 units sold last year.

For Q3 of CY2026, the company recorded sales of 89,259 units, reflecting a 38.5 percent growth over 64,443 units for the same period last year.

In terms of YTD (January – September 2026) cumulative sales reached 253,008 units, marking a 22.5 percent increase from 206,582 units reported during the corresponding period in 2025.

Kia India attributed the robust performance to healthy demand across its portfolio incuding Seltos and Sonet models, alongside contributions from the Carens, Carens Clavis, Clavis EV, Syros EV and Sorento, which is offered in diesel and hybrid powertrain options. The company's powertrain options now span petrol, diesel, CNG, hybrid, and electric configurations across its product range.

Atul Sood, Senior Vice-President of Sales and Marketing, Kia India, said, "Our strong performance in September and across the third quarter reflects the continued trust of our customers and the strength of Kia’s evolving portfolio. The Seltos and Sonet continue to be key contributors to our growth, while the strong response to the Sorento and Syros EV reinforces our strategy of expanding into new segments and powertrain categories in line with evolving customer aspirations. As mobility needs become increasingly diverse, we are focused on providing meaningful choice across conventional, CNG, hybrid and electric powertrains, supported by ownership solutions that address real customer needs. We remain committed to building on this momentum through distinctive products, advanced technologies and differentiated experiences designed around the needs of Indian customers."

At present, Kia India operates a retail and service network comprising 915 touchpoints across 425 cities, alongside 137 certified pre-owned outlets across the country.

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Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has reported its total wholesales of 28,218 units in September 2026, comprising 25,027 units sold in the domestic market and 3,191 units exported.

For the YTD period (January – September 2026), the automaker reported cumulative total sales of 294,914 units, representing an 8 percent increase compared to 272,824 units sold last year.

Domestic sales for the 9-month period rose 9 percent to 269,619 units, up from 247,081 units in the previous year, while exports reached 25,295 units, compared to 25,743 units a year ago.

Sabari Manohar, Executive Vice-President of Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, "September witnessed continued customer interest across segments, supported by our focus on quality, durability and reliability. As we enter the festive season, we remain committed to strengthening customer engagement and working closely with our dealer partners to deliver enhanced mobility experiences and address evolving customer needs."

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Nissan Motor India, one of the leading passenger vehicle manufacturers, has announced its wholesales for September 2026.

The company sold 10,025 units last month, comprising 3,300 units in the domestic market, up 100 percent YoY, as against 1,652 units last year. Exports, on the other hand, came to 6,725 units.

Deliveries during the month were supported by sales across the company's SUV portfolio, including the Nissan Tekton, Magnite, and Gravite, alongside expansion of its retail network.

Saurabh Vatsa, Managing Director, Nissan Motor India, said, "Our domestic volumes nearly doubled year-on-year in September, validating Nissan’s product-led strategy, the strength and capability of our network, the contribution of our finance and business partners, and the increasing confidence of Indian customers in the Nissan brand. The growing volumes in the domestic market give us a strong foundation to build scale in India. We would also like to acknowledge the continued support of our international dealers, distributors and customers across overseas markets, who are enabling us to deliver a robust export performance. We are confident about the opportunity ahead and remain committed to accelerating our momentum through distinctive products and a stronger network for customers who value the Nissan brand and its products."

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Mumbai-headquartered automotive major Tata Motors Passenger Vehicles has announced its wholesales for September 2026 and Q2 FY2027.

The company reported sold 70,210 passenger vehicles last month, up 15 percent YoY, as against 60,907 units last year. In the domestic market sales grew 15 percent YoY to 68,810 units from 59,667 units a year ago, while exports grew by 13 percent to 1,400 units. Monthly electric vehicle dispatches reached 15,384 units, representing a 67 percent increase over 9,191 units in September 2025.

In Q2 FY2027, the wholesales touched 201,723 units, up 40 percent YoY, as against 144,397 units for the same period last year. The domestic market saw a healthy uptick of 40 percent YoY at 140,189 units, while exports clocked 20 percent YoY growth to 5,049 units. Electric vehicle sales, comprising domestic and export volumes, came at 47,150 units for the quarter, reflecting a 90 percent YoY increase over 24,855 units.

Interestingly, for Q2 FY2027, electric vehicles accounted for 23 percent of the company’s total sales volume, while CNG models contributed 28 percent, bringing the combined volume of alternative powertrains to 51 percent of overall deliveries.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “In Q2 FY27, passenger vehicle demand sustained the strong momentum seen following GST 2.0, despite the quarter being seasonally softer. Industry Vahan volumes grew around 24 percent YoY, led by increasing adoption of greener powertrains, providing a promising backdrop for the forthcoming festive season. For Tata Motors Passenger Vehicles, Q2 FY27 was our highest-ever quarter, with sales of 201,723 units and industry-beating growth of 40 percent YoY. We ended the quarter on a strong note, crossing the 70,000-unit sales milestone in September and look forward to carrying this momentum as we enter the festive period. Our greener powertrain portfolio continued to be a significant growth driver. EVs recorded their highest-ever quarterly sales of over 47,000 units, growing 90 percent YoY, with EV penetration in our portfolio rising sharply to 23 percent, compared with around 8 percent for the industry. CNG also delivered its highest-ever quarterly sales and accounted for 28 percent of our volumes. Together, EV and CNG now contribute 51 percent of our sales, reflecting the rapid shift in customer preference towards greener mobility.”

“Customer response remained strong across our portfolio, with Punch emerging as India’s highest-selling SUV during the quarter. Building on the momentum of our Q1 launches, we further strengthened our portfolio with Curvv SeriesX, Sierra Legend Series and the all-new Tata Aeris. We also unveiled our new customer-facing identity, TATA.CARS, reflecting the evolution of our brand in step with the aspirations of today’s Indian car buyer. Looking ahead, we remain optimistic about the festive season, supported by a strong order book and healthy customer traction across the portfolio. As we progressively scale up production, our focus will be on fully leveraging this demand, sustaining our growth momentum and further strengthening our competitive position in the market,” added Chandra.

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