Overview
- Retail registrations reached 33.01 lakh units in November, up 2.14% year on year, according to FADA’s analysis of VAHAN data.
- Sales declined 17.97% from October’s record high, reflecting a post-festive correction off an unusually elevated base.
- Passenger vehicles rose 19.71% to 3.94 lakh units as model availability, compact SUV interest and year-end deals boosted conversions.
- Two-wheelers fell 3.10% to 25.46 lakh units, with demand pulled into October and affected by supply gaps and delayed crop payments.
- Commercial vehicles grew 19.94% to 94,935 units, three-wheelers climbed 23.67% to 1,33,951 and tractors surged 56.55% to 1,26,033 on infrastructure activity and rural momentum.