Business Economy


Retail sales of passenger vehicle records 20 percent growth in November: FADA

New Delhi, Dec 8 (UNI) The retail sales of passenger vehicles (PVs) in the month of November recorded a 20 per cent growth on a year-on-year basis, said the Federation of Automobile Dealers Associations (FADA).
It highlighted that the growth was registered owing to sustained consumer interest beyond the festive season, among other factors.
The two-wheeler sales witnessed a dip of 3 per cent in November, along with the sale of construction equipment that declined by 17 percent during the month.
"Commercial vehicle sales also increased by 20 per cent, three-wheelers by 24 per cent, and tractors by 57 per cent during the month under review," Fada said.
Despite being a post-festive month, this helped the total vehicle retail sales move up by 2 per cent to 3.3 million units in November this year, versus the same month last year.
"A significant retail shift occurred due to festive buying in October, combined with delayed crop payments and uneven supply of preferred models," Fada said, adding that, encouragingly, dealers continue to report strong walk-ins linked to GST sentiment and healthy marriage season demand.
Speaking on the development, Fada President C S Vigneshwar said, "Inventory reduced sharply to 44-46 days, down from 53-55 days, marking healthier demand-supply discipline."
This pushed the sales to 394,152 units during the month compared to 329,253 last year.
Besides GST benefits, the jump was aided by the marriage season, better supply of high-waiting models, and sustained push from compact sport utility vehicles.
“November ’25 defied the conventional post-festive slowdown, delivering a resilient performance despite an unusually high comparative base. Traditionally, auto retail eases in the month following the festival cycle,” Vigneshwar said.
“However, this year, most festive registrations were completed in October ’25 itself, unlike November ’24, when Diwali and Dhanteras fell towards the end of October ’24, and vehicle registrations happened in November ’24, which lifted volumes significantly,” he added.
On the outlook, Fada said the outlook for India’s auto retail over the next three months remains firmly positive, supported by sustained momentum from GST 2.0 tax rationalisation, strong enquiry pipelines, and improving rural economic indicators, as 74 per cent of dealers expect growth, underscoring broad-based confidence across segments.
UNI VK VAN
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