
India Auto Sales Jump 25% In October; FADA Says November Festive Demand Could Lift Retails
What Happened?
India's vehicle retail sales rose 25.05% to 31.72 lakh units in October 2026, marking the second-best October on record. FADA anticipates strong festive demand in November.
Key points
- Vehicle retail sales reached 31,72,466 units in October 2026.
- Two-wheelers accounted for 23,21,419 units, up 29.67% month-on-month.
- Passenger vehicle sales stood at 5,07,768 units, up 18.86% from September.
- Electric vehicle sales hit a record 3.55 lakh units, rising 44.88% year-on-year.
- FADA expects November sales to be influenced by Dhanteras and Diwali.
Key insights
- The shift of Diwali to November could boost sales further.
- Rural markets may see a delayed recovery in demand.
- Higher financing costs could impact future sales.
Why it matters
The increase in auto sales indicates a potential recovery in consumer demand during the festive season.
Entities
Source
Times Now