The automotive retail sales in India is back in the green, and for October 2024, the convergence of Navratri and Diwali has helped register robust growth across segments.

According to the latest data released by the Federation of Automobile Dealers Association (FADA), a total of 2.8 million vehicles were registered last month, up 32.14 percent YoY, compared to 2.14 million vehicles sold last year.

This included 2 million two-wheelers (+36.34 percent YoY); 122,846 three-wheelers (+11.45 percent YoY); 483,159 passenger vehicles (+32.38 percent YoY); 64,433 tractors (+3.08 percent YoY) and 97,411 commercial vehicles (+6.37 percent YoY).

C S Vigneshwar, President, FADA stated that festivities traditionally account for 30–35 percent of total annual auto sales. The industry was keenly observing how October would unfold.

He said, “With dealers entering this crucial period fully committed and carrying all-time high inventory levels, the month did not disappoint!”

FADA shared that the rural market once again played a leading role in driving growth, particularly in the two-wheeler and passenger vehicle segments. Additionally, the Government of India's announcement of an increase in the Minimum Support Price (MSP) for Rabi crops further boosted market sentiments.

The two-wheeler sales were driven by festive schemes, discounts along with new model launches that drove consumer interest. The dealers were able to support the demand on the back of better stock availability and suppliers from OEMs.

In the passenger vehicle segment too, aggressive offers, attractive schemes and new model introductions further stimulated demand.

“Enhanced vehicle availability and strong market interest, especially for SUVs and new products, also contributed to the exceptional sales. However, despite strong sales, PV OEMs continue to heavily stock dealers, resulting in inventory levels decreasing by only five days, with overall inventory still at a high of 75–80 days. This may thus lead the season of substantial discounts to continue until the end of the calendar year,” cautioned Vigneshwar.

The commercial vehicle segment growth was driven by various factors such as supportive agricultural markets and bulk purchases, particularly for container movements.

FADA states that however dealers faced challenges such as slow demand, sluggish construction activities, financial issues among customers and increased vehicle prices leading to higher EMIs.

“Overall, while there were areas of growth, the CV market faced headwinds that tempered its overall performance,” he shared.

Great Indian wedding

While the automotive industry has been seeing a mixed results in terms of retail demand, the expectation for the rest of the calendar year remains positive. An estimated 4.8 million weddings are scheduled across the country in November and December 2024. This is expected to bring an ‘unprecedented surge’ in demand for wedding-related goods and services.

For the automotive industry this could further amplify demand for two-wheelers and passenger vehicles. In the CV segment, while supportive agricultural markets and continued bulk purchases may contribute positively, dealers remain vigilant due to factors like sluggish construction activities, financial constraints among customers and an anticipated decrease in demand post-festivities.

But on the other hand, for the passenger vehicle segment, there are apprehensions about potential slowdowns caused by customers postponing purchases in anticipation of better year-end discounts. FADA also urges, PV OEMs to further rationalise supply.

The auto retail body states that while the industry is optimistic about near-term growth driven by the wedding season and favourable market conditions, dealers are mindful of potential challenges that could affect sales momentum as the year concludes.

‘The mixed sentiments reflected in the survey highlight the need for strategic planning and cautious optimism as the auto sector navigates the remaining months of the year,’ the note concluded.

Representational image courtesy: TomFlick/Pexels

Comments (0)

ADD COMMENT

Link Copied!

Mercedes-Benz India has introduced the GLE and GLS Night Editions, two exclusive limited-series models that bring a distinct visual identity and specially curated interiors to the brand’s best-selling luxury SUV range. These editions are part of a global limited run and will be available in restricted volumes, reinforcing their exclusivity and appeal to collectors. The configurations offered are not replicated on any standard variant.

Responding to rising customer demand for personalisation, the Night Editions feature darkened exterior styling with two colour choices: Obsidian Black and Alpine Grey. The Alpine Grey finish is reserved exclusively for this series, providing a more distinctive offering. Inside, both models elevate the cabin with black Nappa leather upholstance and Anthracite open-pore oak wood trim, details unavailable on standard versions. A head-up display comes as standard equipment across both vehicles.

The GLE Night Edition adds AIRMATIC suspension as an extra refinement, distinguishing its ride quality further from the standard GLE. The GLE has long been a consistent performer in Mercedes-Benz India’s core luxury SUV segment, and this new variant builds on that foundation with a sport-influenced black-centric exterior. Meanwhile, the GLS Night Edition applies the same design language to the flagship luxury SUV, which remains the highest-selling model in its segment. The black exterior styling gains greater visual authority on the larger GLS platform, while the premium interior upgrades extend the cabin’s luxurious character.

Pricing for the Night Edition GLS 450 stands at INR 14,100,000 ex-showroom all-India, while the GLS 450d is priced at INR 14,300,000. The GLE 300d Night Edition is available at INR 10,500,000, and the GLE 450 Night Edition at INR 11,400,000, both ex-showroom all-India.

Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, said, “Continuous product innovation for customers through new products, their facelifts and exclusive editions has been core to Mercedes-Benz’s successful product strategy in India, consistently elevating the brand’s desirability. GLE and GLS are undisputed segment leaders in the luxury SUV category in India, elevating India into Mercedes-Benz’s top global markets for these SUVs. The introduction of the ‘Night Edition’ with bespoke design, curated interiors, exclusive appointments and a sharper focus on personalisation makes the SUVs highly exclusive and unmatched in appeal. As our discerning customers increasingly seek vehicles that reflect their individuality, the GLE and GLS ‘Night Edition’ sets a new standard in differentiated luxury, reinforcing Mercedes-Benz’s leadership in top-end luxury SUV space.”

Comments (0)

ADD COMMENT

Link Copied!

European automotive major Stellantis has introduced STLA One, a new modular vehicle architecture designed to consolidate five existing platforms into a single, scalable system.

Scheduled for launch in 2027, the platform aims to support the company’s vehicle segments (B, C and D) and is projected to underpin more than 30 models, with production targets exceeding 2 million units annually by 2035.

The platform is claimed to be engineered to deliver a 20 percent improvement in cost efficiency through design modularity, increased component reuse and strategic battery technology choices.

STLA One is central to the company’s broader strategy, which aims for 50 percent of total volume to be produced on three global platforms by 2030. It is the first Stellantis architecture slated to integrate the full suite of the company's ‘STLA’ technology stack, including STLA Brain, STLA SmartCockpit and steer-by-wire systems.

It is designed with common interfaces to reduce complexity and speed up development times across different vehicle segments. The architecture is engineered to be ‘dedicated per energy by design,’ ensuring efficiency for various powertrain types (including electric and hybrid variants).

The platform will support Lithium Iron Phosphate (LFP) battery technology to improve affordability and reduce dependency on critical raw materials. It will also feature cell-to-body integration to reduce weight and complexity and will be 800-volt capable to support faster charging.

While the STLA One announcement represents a new modular approach for the B, C and D segments, it joins the broader family of Stellantis global platforms, which previously included the STLA Small, STLA Medium, STLA Large and STLA Frame architectures. The company’s overall strategy continues to focus on consolidating its diverse portfolio into fewer, more efficient and highly flexible platforms.

Comments (0)

ADD COMMENT

Link Copied!

MINI India, part of the BMW Group, has entered the Jharkhand market with the appointment of Titanium Autos as its authorised dealer partner in Ranchi. This opening is part of the brand’s 2026 expansion strategy, which has already seen market entries in Guwahati, Jaipur, Jodhpur and Surat.

The new Titanium Autos Retail.NEXT dealership, located at NH-33, Chakla, Ormanjhi, offers a multi-brand experience by housing BMW, MINI and BMW Motorrad vehicles under one roof. The facility showcases eight BMWs, one MINI, and seven BMW Motorrad units, supported by a workshop featuring three mechanical bays and four body and paint bays.

The dealership utilises the BMW Group’s 'Retail.NEXT' immersive concept, focusing on a customer-centric environment that integrates modern architecture with digital tools.

Hardeep Singh Brar, President and CEO, BMW Group India, said, “MINI’s entry into Jharkhand marks an important step in expanding the brand’s presence in emerging premium markets across India. Jharkhand is witnessing a growing appetite for distinctive, design-led and engaging luxury mobility, making it a strategic market for MINI. We are pleased to appoint Titanium Autos as our dealer partner for Jharkhand.”

Utkarsh Singhania, Dealer Principal, Titanium Autos, added, “Jharkhand represents a promising market with evolving customer aspirations, and we look forward to building a strong MINI presence through exceptional sales and service standards.”

Titanium Autos, which also represents the BMW Group in Guwahati and Patna, aims to provide comprehensive sales, service, and lifestyle offerings at this new location.

Comments (0)

ADD COMMENT

Link Copied!

South Korean automotive major Hyundai Motor Group is presenting its integrated hydrogen value chain at the World Hydrogen Summit in Rotterdam, Netherlands, which runs from 19th May to 21, 2026.

The exhibition highlights the Group's shift from a mobility provider to a comprehensive hydrogen ecosystem player, featuring technologies across production, infrastructure and fuel cell systems.

The exhibition centres on the Group’s hydrogen brand and business platform, HTWO, and features the all-new NEXO, which serves as the successor to the company's fuel cell electric vehicle (FCEV). This model represents the Group's continued development in hydrogen mobility and fuel cell expertise.

Furthermore, the company also showcased its hydrogen fuel cell systems designed for use beyond mobility, supporting stationary power solutions, industrial applications and integration into broader energy systems.

The Group is aiming to strengthen its role in Europe’s transition to hydrogen energy by leveraging real-world experience gained from deployments in Korea.

Mark Freymuller, CEO, Hyundai Energy & Hydrogen Europe, said, “Our goal is to become a reliable partner in Europe’s hydrogen journey. We see hydrogen not as a stand-alone technology, but as a key enabler for cleaner mobility, resilient energy systems, and new industrial opportunities. Europe has ambitious hydrogen plans, and we bring experience from successful deployments that can help turn these plans into robust ecosystems. Hyundai Motor Group has accumulated extensive real-world experience with hydrogen across the entire value chain in Korea. We now want to bring this system-level expertise to Europe, with proven technologies, industry-leading expertise, and the willingness to build lasting relationships with policymakers, industry, and infrastructure partners.”

Comments (0)

ADD COMMENT

Link Copied!