India’s auto retail sales soar to record 4.02 million units in October: Fada
The 42-day-long festive season, clubbed with reforms and rural resurgence, helped India’s auto retail sales soar to a record 4.02 million units in October 2025.
The 42-day-long festive season, clubbed with reforms and rural resurgence, helped India’s auto retail sales soar to a record 4.02 million units in October 2025.
During the Navratri festival, auto retail sales witnessed a robust recovery with growth ranging between 15-35% year-on-year (YoY) across passenger vehicle (PV) and two-wheeler (2W) segments.
The passenger vehicle (PV) dispatches to dealerships dropped by 9 per cent year-on-year in August, data released by the Society of Indian Automobile Manufacturers (SIAM) said, adding the two-wheeler sales recorded steady growth.
Passenger vehicle wholesales got off to a positive start in fiscal 2025–26, registering nearly 4% growth in April to 348,847 units.
As per the data released by the Society of Indian Automobile Manufacturers (SIAM), this follows a 2.5 pc decline in July 2024, marking a slowdown after the segment grew by 3% in the first quarter (April-June) of FY24.
Passenger vehicle (PV) retail sales in India declined by 4.53 per cent in August to 3,09,053 units owing to the impact of excess rainfall.
Passenger vehicle manufacturers have asked auto financiers to extend the credit period for dealers from the current 60 days to 90 days, a recent report has said.
The report further said that in the financial year 2023-24, the two-wheeler exports declined by 5.3% Y-o-Y to 3.458 million units.
The passenger vehicle wholesale in India rose by 8.4 per cent year-on-year to 42,18,746 units in the financial year 2023-24, industry body SIAM said on Friday.
Earlier this month, the country's largest carmaker Maruti Suzuki India hiked hatchback Swift and CNG variants of other models by up to Rs 15,000 to counter increase in input costs.