Overall Automotive Industry - October 2025
The automotive market in India witnessed a sharp rebound in October as anticipation of the upcoming GST rate reduction, combined with festive-season demand, lifted overall retail sentiment. While many customers still deferred purchases to November to benefit from the lower tax regime, the month recorded a strong uptick in bookings and early festive deliveries across key segments. Dealer confidence improved with steady footfalls and healthy inventory rotation.
October 2025 – Alternative Fuel Adoption Summary
Adoption trends in October 2025 strengthened notably across most segments, aided by the GST rate reduction and festive demand. Passenger Vehicles advanced to around 54.1 %, supported by robust EV and hybrid dispatches. Commercial Vehicles continued their steady climb, reaching approximately 13.5 %, reflecting wider CNG and electric fleet deployment. Two-Wheelers improved to about 8.7 %, buoyed by fresh model launches and festive incentives. Three-Wheelers sustained leadership at nearly 89.5 %, underscoring the segment’s near-complete electrification. Tractors remained negligible at 0.05 %, highlighting the slow transition pace in the agricultural sector.
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