New Delhi: The Federation of Automobile Dealers Associations (FADA) has released its vehicle retail data for November 2025, and it shows that the overall market is still moving forward even after the festive season. Total auto retail grew by 2.14 per cent compared to last year. The growth is small but steady, showing that customers are still confident and the auto market remains strong. But not every segment performed the same, and some areas saw a dip.
However, dealers are hopeful because of the GST regime, while companies are still offering discounts, and on the other hand, the marriage season is keeping demand active. For the next three months, about 74 per cent of dealers expect growth, supported by stable enquiries, new models arriving for 2026, and farmers getting money from crop sales. There could be a slight slowdown in January and February due to model-year changes and the absence of festivals.
Two-wheeler
The two-wheeler segment slipped by 3.1 per cent. This fall is mainly because most customers made their purchases earlier, during the big festive period in October. Dealers also said supplies were tight and delays in crop payments affected rural demand. However, the enquiries remain strong thanks to GST cuts, growing interest in electric vehicles, and marriage-season demand in rural areas.
Passenger vehicles
Passenger vehicles did very well, growing by 19.7 per cent. Better car availability, rising demand for compact SUVs, and heavy year-end offers helped boost sales. Inventory levels also came down to around 44 to 46 days, which is much healthier compared to 53 to 55 days in the previous month. This shows that the demand-supply situation is improving.
Commercial vehicles
Commercial vehicles also showed solid growth of nearly 20 per cent. This was supported by ongoing infrastructure work, higher movement of goods, government orders, and growing tourism-related travel. But dealers added that fleet usage still differs from region to region.
Three-wheelers
Three-wheelers and tractors saw very strong increases, too. Three-wheeler sales jumped by 23.67 per cent, while tractor sales surged by 56.55 per cent. This reflects higher demand in transport and better activity in the farming sector. On the other hand, sales of construction equipment dropped by 16.5 per cent, signalling a slowdown in that category.
Looking ahead, the short-term view is positive. Rural areas are showing early signs of improvement, especially with the rabi cropping season already covering more than 39.3 million hectares.
“GST rate cuts coupled with OEM-Dealer retail offers continued pulling customers to showrooms, enabling sustained footfalls beyond the festive period. Price reductions across categories, which ignited strong buying in October, continued to support conversions in November as well,” said FADA President C S Vigneshwar.