India’s automobile industry delivered its strongest-ever November performance, with every major segment, from passenger vehicles to two-wheelers and three-wheelers, posting double-digit growth. Robust
festive demand and the government’s GST 2.0 reforms helped sustain the momentum, according to new data from the Society of Indian Automobile Manufacturers (SIAM).
Rajesh Menon, director general of SIAM, said, “Following the festive demand and support from the government’s progressive GST 2.0 reforms, the Indian auto industry continued the sales momentum in November 2025. The industry is optimistic that the continued supportive policy reforms and improved market sentiments would continue this growth trajectory well into 2026.”
Passenger vehicles post best-ever November
Passenger vehicle (PV) sales rose nearly 19 per cent year-on-year to 4,12,405 units, the highest tally recorded for any November. The strength reflects sustained consumer appetite and improved supplies across manufacturers.
Three-wheelers see sharp rise, but EV trends diverge
Three-wheeler sales grew 21.3 per cent to 71,999 units, marking another record for the month. Within the segment, November wholesale data shows passenger carriers leading the surge, up 24.6 per cent to 59,446 units. Goods carriers also expanded 10.9 per cent to 10,874 units.
Electric three-wheelers, however, presented a mixed picture. E-rickshaw volumes fell 25.6 per cent to 1,136 units, while e-carts jumped 87.9 per cent to 543 units, signalling uneven traction in last-mile electric mobility.
Two-wheelers hit new benchmark for November
The two-wheeler industry reported its best November ever, with total sales climbing 21.2 per cent to 19,44,475 units. Scooters led the pack with a robust 29.4 per cent increase to 7,35,753 units, driven largely by urban demand. Motorcycle sales rose 17.5 per cent to 11,63,751 units, supported by steady rural and semi-urban buying. Moped sales were the lone laggard, slipping 2.1 per cent to 44,971 units.
The Outlook
With sentiment buoyed by record festive buying, strong domestic demand and supportive policy measures, the auto sector is poised to carry this growth into 2026. Manufacturers expect the combination of GST reforms, easing supply constraints and a broader consumer recovery to keep the industry on an upward path.
