India’s Passenger Vehicle Sales Hit Record High in October 2025
India’s passenger vehicle industry achieved its highest-ever monthly sales in October 2025, with domestic wholesales rising 17.23% year-on-year to 470,227 units, surpassing the previous record set in January 2025. The surge was driven by GST rate rationalization, festive season demand, and attractive consumer offers, with multiple automakers reporting record monthly sales. Industry experts expect the positive momentum to continue through the festive quarter.
In October 2025, India’s passenger vehicle (PV) market reached an unprecedented milestone, recording domestic wholesales of 470,227 units—a 17.23% increase compared to October 2024 and surpassing the previous high of 405,522 units set in January 2025. Union Finance Minister Nirmala Sitharaman attributed this record performance to the government’s GST rate rationalization and a surge in festive demand, highlighting the combined impact of policy reforms and seasonal consumer sentiment. Leading automakers such as Kia India, Skoda Auto India, and Nissan Motor India posted their best-ever monthly sales, while Mahindra & Mahindra’s Trucks and Buses division also reported strong numbers. Industry analysts pointed to lower GST rates, festive promotions, and new model launches as key factors driving the sales momentum, with dealerships across the country experiencing unprecedented customer footfall. This robust performance signals a significant recovery in the Indian automotive sector and reflects growing consumer confidence amid a favorable economic environment. Experts anticipate that the sales momentum will likely continue through the remainder of the festive quarter, potentially setting the stage for further records in the coming months.
