India’s passenger car market in New Delhi saw a robust lift in November. Domestic wholesales climbed to roughly 425,000 units, a 20.7 % gain over the same month last year. Lower prices following the latest GST rationalisation have pushed buyers to consider new vehicles, driving this surge.
Maruti Suzuki India (MSIL) said the overall industry mood stays very upbeat. Senior marketing executive Partho Banerjee told reporters in a virtual briefing that the company’s eight new models are fully sold at the factory – no cars left to ship. Dealers, however, still hold about 80,000 vehicles in inventory, enough to cover 19 days of sales, with an additional 40,000 en route. MSIL’s own domestic sales jumped 21 % on a yearly basis to 170 971 units in November. Banerjee added that December looks set for another strong month, as production lines work overtime to keep up with demand. He projected that the sector’s wholesales in November were around 425,000 units compared to roughly 352,000 the previous year. For the full FY26, MSIL anticipates a 5–6 % industry growth.
Earlier data from the Society of Indian Automobile Manufacturers (SIAM) had reported that October’s domestic passenger‑vehicle sales rose 17.2 % year‑on‑year to 460,739 units, helped by festive demand and GST changes.
On an individual company level, Tata Motors entered second in November’s domestic wholesales, shipping 57,436 units – a 22 % rise from the previous year. Mahindra & Mahindra followed close behind with 56,336 units, up 21.9 %. Hyundai Motor India also logged positive figures, its domestic sales increasing 4.3 % to 50,340 units. Toyota Kirloskar Motor reported 30,085 units sold in November, marking a 19.5 % increase.
Vice‑president of sales, service and used‑car business Varinder Wadhwa said that festive buying, GST reforms and the launch of fresh models such as the “Urban Cruiser Hyryder Aero Edition” and the “Fortuner Leader Edition” have played key roles in boosting Toyota’s growth.
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