- Federation of Automobile Dealers Association
- FADA
- C S Vigneshwar
- auto retail
- two-wheeler
- three-wheeler
- passenger vehicles
- tractors
- commercial vehicles
- electric vehicles
- Diwali
Auto Retail Sales Grow 11% In November, FADA Hopes For Stable Sales In December
- By MT Bureau
- December 09, 2024
The Federation of Automobile Dealers Association (FADA) has released the automotive retail sales data for November, which saw a total of 3,208,719 vehicles sold across categories, marking a 11.2 percent growth over November 2023.
This saw two-wheelers clocking its best-ever performance for the month at 2,615,953 units, up 15.8 percent YoY, three-wheeler at 108,337 units, up 4.2 percent YoY, passenger vehicles sales at 321,943 units, down 13.7 percent YoY, tractors sales at 80,519 units, up 29.8 percent YoY and commercial vehicles sales at 81,967 units, down 6 percent YoY.
C S Vigneshwar, President, FADA, stated, “While November was initially expected to build on its prior momentum, particularly due to the marriage season, dealer feedback suggests that this segment underperformed overall expectations. Although rural markets offered some support, primarily in the two-wheeler category, marriage-related sales remained subdued. The late occurrence of Deepawali at the end of October also caused a spillover of festive registrations into November, affecting the month’s sales trajectory.”
He shared that while November sales in certain segments were at record high, the marriage season’s contribution fell short of expectations, offering only limited relief from rural India.
The passenger vehicles sales in particular faced notable headwinds, on the back of weak market sentiment, limited product variety and insufficient new launches, compounded by the shift of festive demand into October.
“Although rural interest was present, it failed to significantly improve sentiment.
Inventory levels have reduced by about 10 days, but to remain high at around 65-68 days. FADA continues to urge OEMs to further rationalise inventory so that the industry can enter the new year on a healthier footing, reducing the need for additional discounts,” stated Vigneshwar.
On the CV sales he explained that the segment also struggled due to restricted product choices, older model issues, limited financier support, and the absence of major festivals in November following a strong October.
“External elements such as elections, a slowdown in coal and cement industries, and weak market sentiment also weighed heavily on this category,” he said.
Going forward he expects that with the prospects of a bumper Kharif harvest is likely to temper food inflation and the broader macroeconomic environment appears will improve, potentially aiding consumer sentiment in the months ahead.
“However, the immediate December outlook derived from dealer feedback is mixed. Category-wise Expectations:
Two-wheelers: Dealers suggest that while some buyers remain hesitant—either awaiting new-year models or influenced by subdued post-festive sentiment—others could be drawn by potential year-end discounts and stable rural demand. Although momentum may not be robust, incremental schemes and easing inflation could lend mild support, placing two-wheeler on a cautiously positive footing.
Passenger vehicles: In the passenger vehicles segment, heavy discounting and improved product availability are expected to help offset weak consumer sentiment and a general year-end lull. While some customers are deferring purchases for new-year models, overall interest could pick up due to aggressive offers and end of year promotions. This sets a tone of cautious optimism, with a moderate chance of improved sales compared to November.
Commercial vehicles: The commercial vehicles category faces a more challenging environment. Factors such as subdued infrastructure activity and customers holding back for newer model-year vehicles continue to dampen demand.
“Nonetheless, selective OEM schemes and year-end offers may provide a limited lift. On balance, while the CV segment’s expectations are not uniformly positive, there is some hope that targeted incentives and stable financing conditions could prevent a sharper decline. In sum, while the near-term outlook for December is not overwhelmingly strong across segments, it leans towards stability with pockets of potential growth, underlining a sentiment that remains overall remains cautiously optimistic.
| Category | Nov '24 | Nov '23 | Change (in units) | Change (in %) | Sept '24 | Change (in %) |
| YoY | YoY | MoM | ||||
| Two-wheeler | 2,615,953 | 2,258,970 | 356,983 | 15.80% | 2,065,095 | 26.67% |
| Three-wheeler | 108,337 | 103,939 | 4,398 | 4.23% | 122,846 | -11.81% |
| E-Rickshaw (P) | 40,391 | 41,718 | -1,327 | -3.18% | 43,982 | -8.16% |
| E-Rickshaw with Cart (G) | 5,423 | 3,188 | 2,235 | 70.11% | 5,892 | -7.96% |
| Three-wheeler (Goods) | 10,940 | 10,524 | 416 | 3.95% | 12,709 | -13.92% |
| Three-wheeler (Passenger) | 51,466 | 48,418 | 3,048 | 6.30% | 60,169 | -14.46% |
| Three-wheeler (Personal) | 117 | 91 | 26 | 28.57% | 94 | 24.47% |
| Passenger Vehicle | 321,943 | 373,140 | -51,197 | -13.72% | 483,159 | -33.37% |
| Tractor | 80,519 | 61,996 | 18,523 | 29.88% | 64,433 | 24.97% |
| Commercial Vehicle | 81,967 | 87,272 | -5,305 | -6.08% | 97,411 | -15.85% |
| LCV | 47,530 | 49,751 | -2,221 | -4.46% | 56,015 | -15.15% |
| MCV | 5,473 | 5,476 | -3 | -0.05% | 6,557 | -16.53% |
| HCV | 24,441 | 27,635 | -3,194 | -11.56% | 29,525 | -17.22% |
| Others | 4,523 | 4,410 | 113 | 2.56% | 5,314 | -14.89% |
| Total | 3,208,719 | 2,885,317 | 323,402 | 11.21% | 2,832,944 | 13.26% |
Representational image: David McBee/Pexels
Skoda Auto Volkswagen India Commences Production Of New Taigun
- By MT Bureau
- April 07, 2026
Skoda Auto Volkswagen India (SAVWIPL), one of the leading passenger vehicle manufacturers, has announced the start of production for the new Volkswagen Taigun from its Pune facility. The model is part of the group's strategy to manufacture vehicles in India for both domestic and international markets.
The Taigun is produced with high levels of localisation at the Chakan facility. Since its introduction in 2021, the company has manufactured over 143,000 units of the model in India. Approximately 30 percent of this total production has been exported to global markets.
The vehicle is engineered to meet European driving dynamics and maintains a 5-star safety rating. The updated iteration includes design changes and features intended to improve convenience based on consumer feedback.
Piyush Arora, Managing Director & CEO, Skoda Auto Volkswagen India, said, “The start of production of the new Volkswagen Taigun underscores the maturity of our world-class manufacturing ecosystem in India. Our Indian manufacturing facilities are geared to deliver global-quality vehicles with high levels of localisation, enabling us to respond quickly to what customers demand in India and in export markets. The Taigun stands as a perfect example of this approach, engineered in line with Volkswagen’s global benchmarks and produced in India with a sharp focus on efficiency, quality, and safety. As we roll out the new Taigun, we are further solidifying India’s position as a strategic production and export base for the Group.”
Nitin Kohli, Brand Director, Volkswagen India, added, “Since its launch, the Taigun has been instrumental in strengthening the brand’s SUV strategy. It has played a pivotal role in bolstering our product portfolio for discerning Indian buyers and their aspirations. The new Taigun is central to our strategic plan for the model line-up that will drive meaningful growth. The start of production for the new Taigun at our Chakan facility is a moment of great pride for us. It continues to signify our commitment to the Indian consumers who choose to own premium German-engineered products. We are certain the new Taigun will build on the success of its predecessor and elevate customer experience.”
- Changan Automobile
- CAOA
- Changan UNI-T SUV
- Luiz Inacio Lula da Silva
- Geraldo Alckmin
- Zhu Huarong
- Carlos ALberto de Oliveira Andrade Filho
Changan Automobile And CAOA Inaugurate Production Line In Brazil
- By MT Bureau
- March 30, 2026
Chinese automotive major Changan Automobile and CAOA have inaugurated an automated production line in Anapolis, Brazil, marking the start of local assembly for the Changan UNI-T SUV.
The ceremony was attended by President Luiz Inacio Lula da Silva and Vice-President Geraldo Alckmin, signaling a phase of industrialisation and mobility investment in Brazil.
The inauguration initiates a USD 950 million investment cycle for 2026-2028, which adds to the earlier USD 570 million invested since 2023. Total investment in the Anapolis facility reaches USD 1.52 billion with the plant now equipped to have an annual production capacity of 90,000 units.
The UNI-T was developed over three years by a team of 200 Chinese and Brazilian engineers. Key technical features include:
- Powertrain: A 1.5 Turbo GDi BlueCore Flex engine, calibrated by CAOA to operate on any ethanol-petrol blend.
- Testing: The vehicle underwent 200,000 km of durability testing across various Brazilian climates.
- Digital Features: A localised Portuguese voice control system and connected cockpit tailored for the domestic market.
- Future Roadmap: Changan plans to introduce hybrid and electrified variants, supported by the federal government's MOVER programme.
The company expects to open over 60 dealerships across Brazil during 2026 to support its expanded sales footprint.
Zhu Huarong, Chairman, China Changan Automobile Group, said, "For Changan, Brazil is not only a place to invest, but a land where we committed to building a long-term future."
Carlos Alberto de Oliveira Andrade Filho, Co-President, CAOA, added, "The UNI-T represents far more than a new model. It demonstrates that Brazil can establish itself as a global hub for high-technology automotive engineering and production."
- Ultraviolette Automotive
- Karnataka
- Production Linked Incentive
- PLI
- F77
- X-47
- Narayan Subramaniam
- Niraj Rajmohan
Ultraviolette Plots INR 2 Billion Investment To Scale Up Production In Karnataka, Plans New Plant Too
- By MT Bureau
- March 27, 2026
Bengaluru-headquartered electric two-wheeler manufacturer Ultraviolette Automotive has announced a 5-year investment plan to expand its manufacturing operations in Karnataka.
The company signed a Memorandum of Understanding (MoU) with the Government of Karnataka during the ‘Invest Karnataka’ Conclave in Bengaluru, securing proposed incentive support through the Production-Linked Incentive (PLI) scheme.
The EV maker has announced a two-phase expansion strategy to increase domestic production and support global export requirements:
Phase 1: An investment of INR 2 billion to enhance existing capacity and manufacturing at the current Bengaluru facility.
Phase 2: The establishment of a new production plant in Karnataka with an annual capacity of 150,000 units.
The plan aims to deepen local manufacturing, create employment and accelerate research and development within the electric vehicle sector. Ultraviolette currently produces the F77 performance motorcycle and the X-47 Crossover, utilising proprietary battery technology.
Headquartered in Bengaluru, Ultraviolette intends to expand its Indian retail presence from 40 to 100 cities by the end of 2026. Internationally, the company has entered 12 European countries and has scheduled further expansion into Asian and Latin American markets.
Narayan Subramaniam, CEO and Co-Founder, Ultraviolette Automotive, said, “Karnataka has been central to Ultraviolette’s vision of Making in India for the World. This proposed manufacturing expansion reflects our confidence in the state’s forward-looking EV ecosystem, talent, and policy support. The combination of infrastructure readiness, proactive governance, and long-term incentive visibility creates a strong foundation for Ultraviolette’s next phase of growth.”
Niraj Rajmohan, CTO and Co-Founder, Ultraviolette Automotive, added, “Karnataka has been home to Ultraviolette’s R&D journey from the very beginning. The state offers a unique combination of deep engineering talent, strong supplier networks, and close proximity to key industrial and manufacturing hubs. What makes this especially meaningful for us is that we have built world-class products here proving that with the right talent, ambition, and ecosystem, innovation can be created right here in Karnataka.”
Octillion Power Systems India Surpasses 100,000 EV Battery System Milestone
- By MT Bureau
- March 25, 2026
Octillion Power Systems has announced that its India division has manufactured its 100,000th electric vehicle (EV) battery system. The milestone unit was produced on 20 March 2025 at the company’s ‘Pune Two’ facility for a passenger SUV developed by an Indian automotive manufacturer.
Since commencing Indian operations in 2017, Octillion has expanded from a single facility in Pune to three manufacturing sites across Pune and Gujarat. The company currently operates over 300,000 square feet of production space.
At present, the company’s annual energy production is expected to reach 8 GWh by 2026. The division supplies battery systems for passenger cars, trucks, buses and two-wheelers and three-wheelers. The company recently announced the build-out of its third major facility in Halol, Gujarat, to support a domestic supply chain and mass-scale quality control.
Paul Beach, Global President, Octillion, said, “Reaching 100,000 units made in India is a testament to the hard work and dedication of our entire team. This milestone reflects the trust our clients place in us to deliver safe, durable, and innovative batteries on time replete with exceptional value. Our position is strengthened as we expand in India and continue driving forward: product innovation, market growth and a more resilient supply chain.”
Nikhil Parchure, Senior Vice-President, Octillion, commented, “Our ambition in India is to enable cleaner, more sustainable transportation to help combat the pollution affecting our cities and communities. Reaching 100,000 packs is proof of our India team’s extraordinary dedication to this mission. We deeply appreciate our customers’ trust and we take pride in knowing that vehicles powered by Octillion batteries reflect the ingenuity and excellence of India.”

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