New Delhi, Nov. 27 -- India's automobile industry is expected to witness double-digit year-on-year growth in November 2025 across two-wheelers (2W), commercial vehicles (CV) and passenger vehicles (PV), according to a report by Nuvama.

"Sales volumes are likely to be driven by continued positive customer sentiment spurred by better affordability (courtesy GST cuts), strong rural demand, interest rate cuts and adequate finance availability," the report said.

The report noted that November wholesales are likely to remain robust, with two-wheeler makers such as Hero MotoCorp, Eicher Motors' Royal Enfield, and TVS Motor Company expected to outperform peers. Among passenger vehicle players, Mahindra & Mahindra and Tata Motors Passenger Vehic...