India’s Auto Retail Posts Second-Best October as Festive Demand and EV Uptake Lift Sales
India’s automobile retail market delivered its second-strongest October on record, rising 25.05% month on month as festive buying, improved sentiment and a sharp jump in electric vehicle registrations supported demand across segments. More than half of dealers now expect November to extend the momentum, even as the industry watches for post-festive normalization and the durability of rural and urban demand.
