Nov 2025 Auto Sales Up: GST Cuts, Offers Sustain Post-Festive Demand

• Indian auto market defied post-festive slowdown in November 2025, with overall retail sales up 2.14% y-o-y to 33,00,832 units.
• Sustained demand was driven by GST rate rationalization and attractive offers from OEMs and dealers.
• Passenger vehicle sales surged by 19.71% y-o-y, while two-wheeler sales saw a slight decline of 3.10%.
• Three-wheeler, commercial vehicle, and tractor segments also experienced significant growth in November 2025.
• A positive near-term outlook is expected, supported by improving rural sentiment, strong Rabi season, and ongoing retail offers.

Why It Matters: Sustained auto demand post-festive season signals market resilience.