October has proven to be a “landmark month for India’s auto retail”, said Federation of Automobile Dealers Associations (FADA) President CS Vigneshwar. Reforms, festivities and rural resurgence together delivered record-breaking results for the auto industry.

According to FADA, overall retail saw a jump of 40.5 per cent year-on-year, which is an all-time high, while two-wheelers grew 51.76 per cent, passenger vehicles 11.35 per cent, three-wheelers 5.4 per cent, and commercial vehicles 17.7 per cent on-year. Advertisement

From a quiet September, October saw 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,” said Vigneshwar.

The surge in two-wheelers was due to rural demand

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