Business EconomyPosted at: Nov 15 2025 12:52AM


Festive demand, GST cut drove record vehicle dispatches in Oct: SIAM

New Delhi, Nov 14 (UNI) India’s automobile sector posted its strongest monthly performance to date in October 2025, with passenger vehicles, two-wheelers, and three-wheelers recording their highest-ever dispatches to dealerships, said SIAM data released today.
The Society of Indian Automobile Manufacturers (SIAM) said the surge was fuelled by robust festive demand and the positive impact of the recent cut in GST rates.
SIAM’s monthly performance data showed that the total production of passenger vehicles, two-wheelers, three-wheelers, and quadricycles stood at 28,01,412 units in October, indicating strong momentum across categories.
Commenting on the overall performance, SIAM Director General Rajesh Menon said the festive season had played a “pivotal role” in driving demand across segments. He noted that despite some logistics-related challenges, the industry saw a sharp rise in registrations, indicating strong consumer sentiment and the favourable impact of lower GST rates.
Menon added that the record October performance highlights a positive recovery trend in the auto sector and reflects growing market confidence amid improving economic conditions.
Domestic passenger vehicle sales climbed to 4,60,739 units, rising 17.2 per cent from 3,93,238 units a year earlier.
The segment benefited significantly from festive buying and improved affordability following the GST rate reduction that took effect on September 22.
SIAM said the lower tax rates helped accelerate retail registrations during the month, which in turn boosted wholesale dispatches.
Two-wheelers, the largest segment by volume, reported domestic sales of 22,10,727 units, showing a moderate 2.1 per cent year-on-year growth.
Within this category, scooters grew a strong 14.3 per cent to 8,24,003 units, reflecting rising urban demand and increased preference for personal mobility.
Motorcycle sales, however, dipped 4 per cent to 13,35,468 units, while mopeds registered a marginal decline of 2.1 per cent.
Three-wheeler sales rose 5.9 per cent to 81,288 units, driven largely by demand for passenger carrier models, which grew 7.6 per cent.
Goods carriers posted a modest 2.8 per cent increase. However, the electric three-wheeler segment continued to face pressure, with e-rickshaw sales falling 27.2 per cent and e-carts slipping 3.4 per cent compared to October last year.
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Tags: #Festive demand# GST cut drove record vehicle dispatches in Oct: SIAM
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