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EquityWireData Alert:Oct 2-wheeler despatches up 2%, PV sales up on SUV strength - SIAM
Data Alert

Oct 2-wheeler despatches up 2%, PV sales up on SUV strength - SIAM

This story was originally published at 15:57 IST on 14 November 2025
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Informist, Friday, Nov. 14, 2025

 

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--SIAM: India Oct passenger vehicle sales 460,739 units
--SIAM: India Oct passenger vehicle sales 460,739 units, up 17.2% on year
--SIAM: India Oct 2-wheeler sales 2.21 mln units, up 2.1% on year
--SIAM: India Oct scooter sales 824,003 units, up 14.3% on year
--SIAM: India Oct motorcycle sales 1.34 mln units, down 4% on year
--SIAM: India Oct 3-wheeler sales 81,288 units, up 5.9% on year
--SIAM: Oct total vehicle exports at 541,191 units, up 19.2% on year
--SIAM: Oct passenger vehicle output 403,270 units, up 9.8% on year
--SIAM: Oct 2-wheeler output 2.28 mln units, down 5.6% on year
--SIAM: Oct 3-wheeler output 119,885 units, up 15.9% on year
--SIAM: India Oct total vehicle sales 2.69 mln, up 4.1% on year
--SIAM: India Apr-Oct passenger vehicle sales 2.45 mln units, up 1% on year
--SIAM: India Apr-Oct total vehicle sales 15.37 mln, up 1.1% on year
--SIAM: India Apr-Oct 2-wheeler sales 12.45 mln units, up 1% on year
--SIAM: Apr-Oct total vehicle exports at 3.64 mln units, up 23.6% on year

 

MUMBAI – Wholesale automobile sales lost steam in October but still reported modest growth on the back of robust utility vehicle and scooter sales, data from the Society of Indian Automobile Manufacturers showed on Friday. Indian carmakers sold a total of 3.23 million automobile units in October, 6% higher on year.

 

In India, companies sold 2.69 million automobile units to dealerships in October, 4% higher on year. This year-on-year growth is a tad weaker than in September, when companies sold 2.56 million automobiles in India, up 6% on year. Exports in October rose 19% on year to 541,191 units. 

 

Over 80% of the automobiles sold in India are two-wheelers, most of them motorcycles. In October, companies sold 2.21 million two-wheelers to local dealerships, up only 2% on year. This modest growth comes on the back of weakness in motorcycles, sales of which fell 4% on year to 1.34 million units. Scooter sales bucked the trend, rising 14% on year to 824,003 units. In what can be read as a sign of moderating demand, companies reduced production of two-wheelers by nearly 6% on year to 2.28 million units in October.

 

Exports of two-wheelers surged almost 18% on year to 430,035 units. Unlike in India, exports of motorcycles grew a rapid 19% on year to 381,549 units. Scooter exports were strong as well, with companies shipping 47,226 units abroad, up 9% on year. 

 

"Passenger vehicle, two- and three-wheeler segments posted their highest ever dispatches to dealers in October, primarily buoyed by the festive demand and the recent GST rate reduction, despite being constrained due to certain logistic limitations," SIAM's Director General Rajesh Menon said. "With the reduced GST rates becoming effective from 22nd September 2025, October witnessed a strong uptick in vehicle registrations, resulting in a notable rise compared to wholesales," Menon added.

 

Passenger vehicle sales in India rose 16% on year to 399,605 units, while their exports grew almost 12% to 68,738 units. Companies manufactured 403,270 passenger vehicles last month, nearly 10% higher than in the corresponding period last year.

 

In India, wholesale sales of passenger cars grew a touch over 8% on year to 116,601 units. Local sales of utility vehicles rose 19% on year to 269,467 and their exports were up 17% on year at 33,876 units.

 

Wholesale sales of three-wheelers was driven by good demand for passenger carriers and moderate growth in demand for goods carriers. Companies sold 81,288 three-wheelers in India in October, up 6% on year. Exports in the segment increased 56% on year to 41,866 units. Companies ramped up production of three-wheelers in October, manufacturing 119,885 units, up almost 16% on year.

 

APR-OCT

The first seven months of 2025-26 (Apr-Mar) were rather weak for Indian automobile companies. They sold 15.37 million automobile units in India in Apr-Oct, only a percent more than they did in the corresponding period last year. Exports, however, were encouraging. Companies shipped 3.64 million vehicles abroad, up almost 24% on year. Their production grew 4.4% on year to 18.81 million units.

 

Two-wheeler sales in these seven months grew only a percent on year to 12.45 million units. Passenger vehicle sales also rose a percent to 2.45 million units. Three-wheeler sales were the outliers, as their wholesale sales rose nearly 6% on year to 475,738 units.

 

Data for sales of passenger vehicles does not include data from BMW, Mercedes, Tata Motors' Jaguar Land Rover, and Volvo Auto, SIAM said.

 

The Society of Indian Automobile Manufacturers detailed domestic vehicle sales figures for October as follows:

 

Segment

Oct-25

Sept-25

Oct-24

Year-on-year change

(in %)

Passenger vehicles

399,605         312,791 345,107 15.8

Passenger cars

116,601 98,364 107,520 8.4

Utility vehicles

269,467 204,392 225,934 19.3

Vans

13,537 10,035 11,653 16.2

Two-wheelers

2,210,727 2,160,889 2,164,276 2.1

Scooters

824,003 733,391 721,200 14.3

Motorcycles

1,335,468 1,373,750 1,390,696 (-)4.0

Mopeds

51,256 53,748 52,380 (-)2.1

Three-wheelers

81,288 84,077 76,770 5.9

Quadricycles

-

-

 4

-

* Data does not include sales numbers of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data is included only in 'Total PV', detailed break-up is not available.

 

The Society of Indian Automobile Manufacturers detailed vehicle production figures for October as follows:

Segment

Oct-25

Sept-25

Oct-24

Year-on-year change (in %)

Passenger vehicles

403,270 421,405 367,185 9.8

Passenger cars

139,273 148,386 128,097 8.7

Utility vehicles

251,144 259,818 226,924

10.7

Vans

12,853 13,201 12,164 5.7

Two-wheelers

2,277,572 2,526,264 2,412,039 (-)5.6

Scooters

738,816 786,101 718,807 2.8

Motorcycles

1,499,790 1,690,239 1,641,258 (-)8.6

Mopeds

38,966 49,924 51,974 (-)25.0

Three-wheelers

119,885 125,477 103,417 15.9

Quadricycles

685 508 355 93

* BMW, Mercedes, JLR, Tata Motors and Volvo Auto data are not available

 

End

 

Reported by Anand JC

Edited by Avishek Dutta

 

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