Automobiles – Monthly Update – Better than expected monthly wholesales
Published on 02 Dec 2025
The industry dispatches in Nov’25 saw very strong growth with affordability and better consumption post GST 2.0, improved rural sentiments from good Kharif income & smooth Rabi sowing, and on the back of a lean inventory post bumper festive sale. The growth came across segments in the domestic markets and from exports (especially 2Ws and PVs) that kept surging this fiscal. Tractor sales grew better than expected and the MHCV segment showed strong revival, growing faster than LCVs, with hopes of sustaining momentum in both the segments.
