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IPC Index — Mexico MarketTotal passenger vehicle sales in India soared 18.1% year-on-year to 354,969 units in November 2025, after a 15.8% rise in the previous month, according to data from the Society of Indian Automobile Manufacturers (SIAM). The figures exclude sales from BMW, Mercedes-Benz, Jaguar Land Rover (JLR), and Volvo. The rebound was supported by festive demand and the recent GST rate reduction. “Industry is optimistic that the continued supportive policy reforms and improved market sentiments would continue this growth trajectory well into 2026,” said Rajesh Menon, Director General of SIAM. However, on a monthly basis, passenger vehicle sales fell 11.2%, reversing a 27.8% jump in October.
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