Mumbai, Nov. 10 -- The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for October'25.
Overall automobile retail sales grew by a robust 40.5% Y-o-Y, as both passenger vehicles (PVs) and two-wheelers (2Ws) achieved lifetime highs, signalling renewed consumer confidence and strong economic undercurrents.
After an almost quiet September for first 21 days due to the GST 2.0 transition, October witnessed a swift rebound - almost like a hurdle race where pent-up demand passed the baton to festive sentiment and tax-cut excitement, propelling sales to historic levels.
2Ws surged 52% YoY, supported by rural demand, GST reductions, and the festive rush.
PVs grew 11% YoY, decisively breaching the five-lakh mark ...
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