India Auto Industry Trends November 2025: SIAM Report Analysis
The Indian automobile industry registered a robust performance in November 2025, continuing the momentum from the festive season. According to the latest data released by the Society of Indian Automobile Manufacturers (SIAM), the industry witnessed the highest-ever November sales across Passenger Vehicles, Two-Wheelers, and Three-Wheelers.
This comprehensive analysis breaks down the key numbers, segment performance, and emerging trends defining the Indian automotive landscape as the industry heads into 2026.
Key Trends in the Indian Auto Industry
The overarching trend in the Indian auto industry is one of aggressive double-digit growth, fueled by policy support and strong market sentiment.
1. Historic Sales Highs
November 2025 marked a significant milestone with record sales volumes. The industry is capitalizing on a sustained post-festive demand, rather than seeing the usual cyclical dip. Industry leaders attribute this trajectory to the implementation of progressive GST 2.0 reforms, which have seemingly revitalized consumer spending power.
2. Utility Vehicles (UVs) Continue to Dominate
The shift towards larger vehicles remains the defining characteristic of the passenger vehicle segment. While passenger cars saw healthy growth, the Utility Vehicle segment (including SUVs) continues to drive volumes, growing by 18.9% in domestic sales compared to the previous year.
3. Resurgence in Exports
After periods of volatility, exports have posted impressive recovery numbers. Passenger Vehicle exports surged by nearly 40% in November 2025 compared to November 2024, indicating strengthening demand for Indian-manufactured vehicles in global markets.
Segment-Wise Performance Highlights (November 2025)
Passenger Vehicles (PV)
The Passenger Vehicle segment recorded total domestic sales of 4.12 Lakh units, registering a substantial growth of 18.7% over November 2024.
- Passenger Cars: Domestic sales stood at 1,12,612 units, a growth of 15.9%.
- Utility Vehicles: This sub-segment recorded sales of 2,29,157 units, a growth of 18.9%.
- Vans: Sales increased by 24.7% to 13,200 units.
- Exports: The segment saw a massive jump of 39.8%, exporting 84,646 units in November 2025 compared to 60,553 in November 2024.
Two-Wheelers
The Two-Wheeler segment, often a bellwether for rural economic health, posted sales of 19.44 Lakh units, growing by 21.2%.
- Scooters: The fastest-growing sub-segment, recording a 29.4% increase with sales of 7.35 Lakh units.
- Motorcycles: Maintained steady volume with 11.63 Lakh units sold, marking a 17.5% growth.
- Mopeds: witnessed a slight decline of 2.1%, selling 44,971 units.
Three-Wheelers
Three-wheelers continued their upward trajectory with sales of 71,999 units, a growth of 21.3%.
- Passenger Carriers: Sales grew by 24.6% to 59,446 units.
- Goods Carriers: Sales increased by 10.9% to 10,874 units.
- E-Carts: This niche electric segment saw an 87.9% surge, though on a smaller base.
- E-Rickshaws: Sales declined by 25.6%.
Production Overview
To meet the rising domestic and international demand, manufacturers ramped up production significantly. The total production across all categories (Passenger Vehicles, Three-Wheelers, Two-Wheelers, and Quadricycles) reached 29,43,456 units in November 2025, a growth of 22.3% over the same month in the previous year.
Future Outlook
The industry outlook remains optimistic. With the continued support of policy reforms and improved market sentiments, the growth trajectory is expected to continue well into 2026. The harmonization of production with rising exports further stabilizes the manufacturing ecosystem, reducing reliance solely on domestic consumption.
Frequently Asked Questions (FAQs)
1. What was the total sales figure for Passenger Vehicles in November 2025? The total domestic sales for Passenger Vehicles in November 2025 were 4,12,405 units, registering a growth of 18.7% compared to November 2024.
2. Which segment showed the highest growth rate in November 2025? In terms of major categories, the Three-Wheeler segment showed the highest growth rate of 21.3%, closely followed by Two-Wheelers at 21.2%. Within sub-segments, Passenger Vehicle exports showed a remarkable 39.8% growth.
3. How did the Two-Wheeler segment perform? The Two-Wheeler segment performed exceptionally well, with total sales of 19,44,475 units. Scooters outperformed motorcycles in terms of growth percentage, rising by 29.4% versus 17.5% for motorcycles.
4. What are GST 2.0 reforms mentioned in the report? While the specific details of the reforms are not itemized in the data tables, the SIAM Director General credited “Government’s progressive GST 2.0 reforms” as a key driver alongside festive demand for the sustained sales momentum in November 2025.
5. Are export numbers increasing for Indian auto manufacturers? Yes, exports are seeing a significant resurgence. Passenger Vehicle exports grew by 39.8%, Two-Wheeler exports by 30.1%, and Three-Wheeler exports by 96.3% in November 2025 compared to November 2024.
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