Business Economy


Automobile sector records strongest-ever November performance: SIAM

New Delhi, Dec 12 (UNI) The automobile industry recorded its strongest-ever November performance across passenger vehicles, two-wheelers, and three-wheelers, as per data released by the Society of Indian Automobile Manufacturers (SIAM).
The performance comes on the back of sustained festive demand and the government’s ongoing GST 2.0 reforms, it said.
As per the data, the Passenger vehicle (PV) dispatches rose 18.7 per cent to 4,12,405 units, marking the highest-ever November sales for the segment.
Three-wheeler sales grew 21.3 per cent year-on-year to 71,999 units, while two-wheeler sales surged 21.2 per cent to 19,44,475 units, also achieving a record for the month.
Further, the three-wheeler segment delivered strong growth in November 2025, driven largely by passenger carriers, which rose 24.6 percent to 59,446 units.
Goods carriers also posted a healthy growth of 10.9 per cent, reaching 10,874 units. While e-rickshaw sales fell sharply by 25.6 per cent to 1,136 units, e-cart sales surged 87.9 per cent to 543 units.
An upward trajectory was seen in the two-wheeler segment as well. It marked its best-ever November performance with the scooter sales growing a robust 29.4 per cent to 7,35,753 units.
Motorcycle sales also increased by 17.5 per cent to 11,63,751 units.
Overall, the two-wheeler industry recorded 19,44,475 units in November, setting a new benchmark for the month.
Speaking on the data, Rajesh Menon, Director General, SIAM, said, “Following the festive demand and support from the government’s progressive GST 2.0 reforms, the Indian Auto Industry continued with the sales momentum in November 2025. Industry is optimistic that the continued supportive policy reforms and improved market sentiments would continue this growth trajectory well into 2026.”
Announced in September, the GST rate cuts cover bikes (up to 350cc), buses, small to luxury cars, tractors (<1800cc), and auto parts.
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