Overview
- Industry volumes reached about 5.49 lakh vehicles in October, delivering double‑digit year‑on‑year growth despite tighter truck availability that tempered wholesale dispatches.
- Maruti Suzuki reported its highest‑ever monthly sales, reinforcing market leadership during the Navratri–Diwali buying window.
- Tata Motors Passenger Vehicles posted record wholesales of 61,295 units, with SUVs taking a 77% share and EVs hitting an all‑time high of 9,286 units, up roughly 73% year on year.
- Mahindra & Mahindra’s total auto sales rose 26% to 1,20,142 units, including a record 71,624 domestic SUV sales for the month.
- EV momentum extended to two‑wheelers as Bajaj Auto sold 29,567 units to overtake TVS Motor in market share, while reports signalled easing rare‑earth magnet imports that had constrained some EV makers.