Passenger vehicle sales grew 23% and two-wheelers were up 22% during festive season. (Source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

India’s retail vehicle sales rose 40.5% year-on-year in October to a record 40.2 lakh units, led by a sharp rise in two-wheeler demand, data from the Federation of Automobile Dealers Associations (FADA) showed. The surge was driven by festive demand, the rollout of GST 2.0, and stronger rural spending.

Two-wheeler sales rose 51.8% to 31.5 lakh units, passenger vehicles grew 11.4% to 5.57 lakh units, FADA said on Friday, adding that commercial vehicles were up 17.7% to 1.08 lakh units, tractor sales rose 14.2% to 73,577 units, and three-wheeler sales increased 5.4% to 1.30 lakh units.

Festive Demand Lifts All Segments

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