- 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
Gestamp Inaugurates INR 5.23 Billion Plant In Gujarat, Marks 5th Facility In India
- By MT Bureau
- September 08, 2026
Spanish automotive engineering company Gestamp has officially opened its 5th production facility in Bhagapura, Gujarat, marking an investment of INR 5.23 billion across its initial phases. The site adds 31,790 square metres of manufacturing footprint to its operations in the country.
The new plant employs 240 people and houses two hot-stamping lines, a laser cutting line and welding cells for assembly operations. It produces body-in-white (BiW) components, including parts from the Ges-Gigastamping product line, which integrate large structural components into single pressings. The site features an energy monitoring system to track power consumption and plans to source electricity through renewable power purchase agreements.
The expansion increases Gestamp's total manufacturing footprint in India to 188,000 square metres across five sites located in Maharashtra, Tamil Nadu and Gujarat.
Gestamp operates 14 stamping production lines in the country, five of which utilise hot stamping, with two additional hot-stamping lines currently under installation. It has a total employee strength of 2,300 people in India and reported revenues of EUR 245 million in 2025.
Francisco J. Riberas, Executive Chairman, Gestamp, said, “India is a key strategic priority for Gestamp. After two decades here, we have established ourselves as a trusted technology partner for both domestic and international automakers operating in the country. Our investment in Gujarat enables us to begin manufacturing in one of India’s leading industrial hubs, strengthening our presence and driving further growth in this key market. “India’s strong market growth prospects, combined with continued improvements in vehicle quality and increasingly demanding safety requirements, will create significant opportunities for Gestamp. Our advanced technologies, products and value proposition are specifically focused on delivering lighter and safer components that help automakers meet these evolving challenges.”
Automotive Industry Witnessing Demand-Supply Gap for Talent in India Says HMSI’s Vinay Dhingra
- By Nilesh Wadhwa
- September 08, 2026
The automotive industry in India is facing a demand-supply gap in talent as industrial growth and new technologies outpace the available workforce.
In an interaction with Motoring Trends, Vinay Dhingra, Senior Director, HR & Admin, CA, IT, Honda Motorcycle & Scooter India (HMSI) and Trustee of Honda India Foundation (HIF), shared his observations on the current trends in the domestic market.
“Talent shortage is definitely an issue, though I would describe it more as a demand-supply gap rather than a lack of availability. The pace of industrialisation and growth in India has pushed demand very high, while supply has not increased at the same pace,” Dhingra observed.
He pointed out that new technologies such as electric vehicles, electronics and advanced manufacturing have increased the need for specialised skills, while the training ecosystem continues to develop.
Dhingra shared that HMSI is addressing the gap through internal training. The company hires freshers from ITIs and trains them for production roles within about a month. “We have a strong internal training system and training schools,” Dhingra said.
Replying to the attrition seen in the industry, he shared that for Honda Motorcycle & Scooter India, the attrition among blue-collar staff remains below 4 percent, against an industry average of around 8–9 percent. The company plans for this level and maintains a margin in manpower planning.
Emerging requirements centre on IoT, Industry 4.0 and smart manufacturing. “A person needs to be trained not only on conventional machines and the kind of skills traditionally taught at ITIs, but also on these emerging technologies,” Dhingra said.
The government and industry are upgrading ITIs to introduce these technologies so that new entrants arrive with greater familiarity and a shorter learning curve.
Sharing his observation on the industry trend, he pointed out that the competition for skilled workers now extends beyond the automotive sector. “Someone may have the option of working in manufacturing, warehousing or other sectors, sometimes at similar salary levels,” Dhingra noted.
Companies must therefore strengthen working conditions, career opportunities and the overall package. At HMSI, overtime is monitored and weekly offs are prioritised to support work-life balance.
Automation and digitisation have changed processes without reducing headcount. The company has moved to a largely paperless system.
“We have not seen jobs being eliminated because of digitisation or automation. It has primarily improved the way work is done,” Dhingra said. Efficiency gains free capacity for safety, quality and other improvements, while business growth continues to raise overall manpower needs.
Interestingly, around 10–12 percent of Honda’s white-collar workforce has progressed from blue-collar roles, some reaching department-head level.
Looking ahead, Dhingra identified three areas for the industry: technology, the skilling gap and the quality mindset.
“Each can be both an opportunity and a challenge. If we fail to address them in time, they become risks. If we address them proactively, we can convert them into opportunities,” he concluded.
Hyundai Motor India Targets 20% Female Executive Workforce By 2030
- By MT Bureau
- September 07, 2026
Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has announced a target to raise women’s representation in its executive workforce to 20 percent by 2030.
Women currently make up over 8 percent of the company’s executive workforce of more than 4,000 employees. In 2026, female recruits accounted for 45 percent of management trainees and engineer trainees hired by the vehicle manufacturer.
The company is tracking female recruitment and deployment across manufacturing, engineering, research and development, sales, service, corporate and leadership functions. The target aligns with United Nations Sustainable Development Goal 5 for gender equality and Goal 8 for decent work and economic growth.
Hyundai Motor India’s workforce strategy includes gender-balanced recruitment practices, expanded campus outreach, competency-based assessments and leadership development frameworks.
In FY2026, female employees recorded a 23 percent promotion rate. Supporting measures encompass parental support, childcare assistance, plant crèche facilities, performance safeguards, wellness rooms and health screening programs. The TrailblazHER initiative provides mentorship and capability-building programs for high-potential female professionals.
Tarun Garg, Managing Director and Chief Executive Officer, Hyundai Motor India, said, "At Hyundai Motor India, we believe that bringing together people with diverse experiences, perspectives and capabilities helps create stronger teams, drive innovation and build a more resilient organisation. Our commitment to achieving 20 percent women representation in executive workforce by 2030 reflects our focus on expanding opportunities, strengthening our talent pipeline and creating an environment where every individual can realise their full potential. As the talent landscape continues to evolve, we are encouraged by the increasing participation of talented women professionals across industries and look forward to enabling their growth across all areas of our business."
Volvo Cars Slovakia Plant To Utilise Durr Tech To Manufacture EVs
- By MT Bureau
- September 04, 2026
German leading mechanical and plant engineering firm Durr has announced that it has been selected to equip Volvo Cars' manufacturing facility in Košice, Slovakia, with final assembly automation technology.
The plant represents the automaker's dedicated facility for all-electric vehicles and is planned to commence production in 2027 with a maximum annual output capacity of 250,000 units.
As per the understanding, Durr will supply turnkey conveyor, fluid filling and testing infrastructure integrated through its NEXT.assembly framework. The installation features fluid filling equipment configured to handle low-conductivity coolants and updated air conditioning refrigerants designed to comply with European regulatory changes. The vehicle conveyance network spans over three kilometres within the facility, utilising electric monorail systems, skillet platforms and modular chain conveyors to transport vehicle bodies and door components between assembly stations.
For end-of-line testing and quality control, Durr is installing its x-wheel chassis alignment system equipped with x-3Dsurface optical sensors, alongside the x-light camera-based measurement system for inspecting and adjusting headlamp modules in accordance with ECE and SAE standards.
Jorg Neumann, Director of the End of Line Product Line, Durr in Germany, said, “Volvo Cars has exceptionally high standards when it comes to measurement accuracy. We are very familiar with these standards, as Dürr equips all Volvo sites worldwide with vehicle geometry and headlight alignment technology.”
Andreas Hohmann, CEO of Durr Italy and Vice-President of NEXT.assembly, said, “Our fully automated final assembly system represents a significant advancement in automotive manufacturing, combining precision engineering with cutting-edge automation to deliver exceptional quality and efficiency.”

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