SIAM’s Rajesh Menon credited festive demand and GST 2.0 reforms for record November 2025 vehicle sales, optimistic for 2026
New Delhi
Passenger vehicle dispatches from manufacturers to dealers rose 19% year-on-year in November, reflecting continued strong demand following the festive season, according to the Society of Indian Automobile Manufacturers (SIAM).
A total of 4,12,405 passenger vehicles were dispatched last month, up from 3,47,522 units in November 2024, marking an 18.7% increase. Market leader Maruti Suzuki India dispatched 1,70,971 units, a 21% rise from the same month last year. Mahindra & Mahindra dispatched 56,336 units, up 22%, while Hyundai Motor India shipped 50,340 units, a 4% increase.
The two-wheeler segment also saw robust growth, with dispatches increasing 21% year-on-year to 19,44,475 units, compared to 16,04,749 units last November. Scooter sales surged 29% to 7,35,753 units, while motorcycle dispatches rose 17.5% to 11,63,751 units. Moped sales, however, fell slightly by 2% to 44,971 units.
Three-wheeler dispatches climbed 21% year-on-year to 71,999 units.
SIAM Director General Rajesh Menon attributed the growth to festive demand and government GST 2.0 reforms, noting that passenger vehicles, two-wheelers, and three-wheelers recorded the highest-ever November sales in 2025. Menon expressed optimism that supportive policy reforms and improved market sentiment would sustain this growth trajectory into 2026.
This strong performance underscores resilience in India’s automotive sector, reflecting both consumer confidence and effective industry-government collaboration.
