Festive Season Powers Auto Retail In October, FADA Calls For Strategic Planning And Cautious Optimism
- By MT Bureau
- November 06, 2024
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.
| AUTO RETAIL SALES IN INDIA | ||||||
| Category | Oct '24 | Oct '23 | Change (in units) | Change (in %) | Sep '24 | Change (in %) |
| YoY | YoY | MoM | ||||
| Two-wheeler | 2,065,095 | 1,514,634 | 550,461 | 36.34% | 1,204,259 | 71.48% |
| Three-wheeler | 122,846 | 110,221 | 12,625 | 11.45% | 106,524 | 15.32% |
| E-Rickshaw (P) | 43,982 | 45,745 | -1,763 | -3.85% | 44,043 | -0.14% |
| E-Rickshaw with Cart (G) | 5,892 | 3,019 | 2,873 | 95.16% | 4,569 | 28.96% |
| Three-wheeler (Goods) | 12,709 | 10,958 | 1,751 | 15.98% | 9,108 | 39.54% |
| Three-wheeler (Passenger) | 60,169 | 50,433 | 9,736 | 19.30% | 48,714 | 23.51% |
| Three-wheeler (Personal) | 94 | 66 | 28 | 42.42% | 90 | 4.44% |
| Passenger Vehicle | 483,159 | 364,991 | 118,168 | 32.38% | 275,681 | 75.26% |
| Tractor | 64,433 | 62,507 | 1,926 | 3.08% | 62,542 | 3.02% |
| Commercial Vehicle | 97,411 | 91,576 | 5,835 | 6.37% | 74,324 | 31.06% |
| LCV | 56,015 | 51,340 | 4,675 | 9.11% | 41,715 | 34.28% |
| MCV | 6,557 | 6,164 | 393 | 6.38% | 6,090 | 7.67% |
| HCV | 29,525 | 29,869 | -344 | -1.15% | 22,941 | 28.70% |
| Others | 5,314 | 4,203 | 1,111 | 26.43% | 3,578 | 48.52% |
| Total | 2,832,944 | 2,143,929 | 689,015 | 32.14% | 1,723,330 | 64.39% |
Representational image courtesy: TomFlick/Pexels
Skoda Previews New Electric 7-Seater Peaq With Exterior Sketches
- By MT Bureau
- June 04, 2026
Czech automaker Skoda Auto has released the initial exterior sketches of its upcoming flagship electric vehicle, the Skoda Peaq. The seven-seater SUV marks a new design direction for the brand, utilising clean surfaces, structured details and signature electric vehicle styling cues.
The world premiere of the new flagship SUV is scheduled to take place in Monnetier-Mornex, France, at 18:25 on 23 June 2026.
The exterior of the Peaq represents a consistent application of Skoda's new ‘Modern Solid’ design framework. The aesthetic balances rugged proportions with minimalist, aerodynamic elements tailored for the electric era.
The front features slender, T-shaped headlights and a gloss-black ‘Tech-Deck Face’. A connecting element runs between the assemblies to form a frame-like loop motif, which contrasts against a pronounced, volcano-shaped lower bumper.
The side profile is dominated by a high shoulder line and wide D-pillars to emphasise a wide, stable stance. The sketches also reveal flush door handles seamlessly integrated into the structured body panels to optimise aerodynamic efficiency.
At the rear, the Skoda Peaq echoes the front design language with matching T-shaped taillights and a unified connecting element, establishing a cohesive loop motif that serves as a distinct visual signature.
Karl Neuhold, Head of Exterior Design, Skoda Auto, said, “In designing the exterior of the Skoda Peaq, we consistently applied the Modern Solid design language, combining clean lines, balanced proportions and distinctive elements. Precisely sculpted surfaces and clearly structured details create a confident, timeless presence, while signature features such as the T-shaped headlights and Tech-Deck Face express Skoda’s identity in a new electric era.”
Honda India Foundation Opens Haryana’s First Driving Practice Zone In Mahendragarh
- By MT Bureau
- June 04, 2026
Honda India Foundation (HIF) has inaugurated a new Driving Practice Zone (DPZ) in Mahendragarh, marking the first facility of its kind in the state of Haryana. The community infrastructure project is designed to provide aspiring drivers with a safe, structured environment to practice driving skills and undergo essential road safety training. The facility will be fully accessible and open to the general public free of cost.
The project targets a prominent infrastructure gap common in Tier II and Tier III towns, where a lack of formal, dedicated driving enclosures often compels learners to practice on public roads, escalating safety risks for themselves and other commuters.
The newly opened Driving Practice Zone incorporates both practical and academic training spaces to build comprehensive driver competency before individuals transition to public roads –
- Dedicated Practice Tracks: Specially engineered tracks to help learner drivers systematically build vehicle control, operational confidence, and manoeuvring skills.
- Theoretical Classroom: A dedicated indoor learning space utilised for theoretical instructional sessions, focused on enhancing traffic rule compliance and general road awareness.
Vinay Dhingra, Trustee of the Honda India Foundation, said, “Road safety begins with access to the right training environment. Through this Driving Practice Zone, we aim to provide learner drivers with a safe, structured space to build driving skills, improve awareness and develop responsible road behaviour before they begin driving on public roads. This initiative reflects our continued commitment to making road safety training more accessible at the community level.”
Toyota Launches New Innova Crysta With Refreshed Styling And Enhanced Features At INR 1.97 Million
- By MT Bureau
- June 04, 2026
Toyota Kirloskar Motor, one of the leading passenger vehicle manufacturers, has announced the launch of its popular new Innova Crysta in India. The updated multi-purpose vehicle (MPV) introduces targeted design updates and added cabin convenience features while preserving the foundational mechanical architecture of the long-running Innova brand.
The introduction follows a legacy spanning over two decades in the Indian market, where the Innova brand has achieved cumulative sales exceeding 1.3 million units.
The new Innova Crysta features subtle exterior and interior design revisions aimed at providing a contemporary, premium aesthetic without altering the vehicle's familiar silhouette.
On the outside, the front profile receives a newly styled radiator grille and updated front bumper garnish. The rear profile has been updated with refreshed bumper garnish elements to enhance visual solidity.
The interior introduces new dual-tone leather seat upholstery alongside updated trim finishes. The instrument panel, door trims and bezels feature ‘Grace Copper’ and wood-pattern highlights. Additionally, the AC controls, switches and rear seat-back table incorporate refined detailing to improve perceived quality. Functional additions to the feature list include a wireless smartphone charger and a Tyre Pressure Monitoring System (TPMS).
The vehicle retains Toyota's established mechanical layout, optimised for low-end torque and long-distance drivability.
The Innova Cysta is powered exclusively by a 2.4-litre diesel engine paired with a manual transmission. The powertrain configuration delivers a certified fuel efficiency of up to 15 kmpl.
It gets up to seven airbags, Anti-lock Braking System (ABS), Electronic Brake-force Distribution (EBD), Brake Assist, Vehicle Stability Control and Hill Start Assist Control for safety.
The MPV is backed by a standard warranty of 3 years/100,000 km (extendable up to 5 years/220,000 km), supported by 24x7 roadside assistance and flexible retail finance options.
The new Innova Crysta is available in five colour options – Platinum White Pearl, Super White, Silver Metallic, Attitude Black Mica and Avant-Garde Bronze Metallic. It is structured across both 7-seater (7S) and 8-seater (8S) configurations with prices starting at INR 1.97 million up to INR 2.66 million for the top-end variant (ex-showroom).
Sabari Manohar, Executive Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “Having sold over 1.3 million units of brand Innova, the Innova Crysta has set unmatched benchmarks in the MPV segment through its two-decade legacy of reliability, comfort, and value. The refreshed New Innova Crysta introduces subtle yet meaningful updates, bringing a renewed sense of freshness while retaining the unrivalled qualities customers value most. Guided by continuous improvement and customer-centric innovation, we remain committed to delivering trusted mobility for every stage of life.”
Nissan Motor India Records 118% Domestic Sales Growth In May 2026
- By MT Bureau
- June 01, 2026
Nissan Motor India (NMIPL), one of the leading passenger vehicle manufacturers, has announced its sales performance for May 2026, recording a 118 percent YoY growth in domestic sales, albeit a low-year-ago base.
The company reported 2,948 units wholesales last month, which also marked its third consecutive month of YoY growth, signalling sustained sales momentum in the Indian market.
Interestingly, the company’s total sales for May 2026 came at 7,971 units, which includes 2,948 units in the domestic market and 5,023 units shipped to international markets during the month.
The company said its domestic sales trajectory was driven by customer interest across Nissan's updated India lineup, including the Gravite and Magnite SUVs. It is currently preparing for the upcoming World Premiere of the Nissan Tekton, which is part of Nissan's broader strategy to diversify its product portfolio and expand its network footprint across India.
Saurabh Vatsa, Managing Director, Nissan Motor India, said, “Our third consecutive month of year-on-year domestic sales growth is an encouraging reflection of the trust customers continue to place in Nissan. The response to the all-new Nissan Gravite, along with the continued strength of the Nissan Magnite, including the growing adoption of our CNG offerings, gives us confidence in our India strategy. As we gear up for the World Premiere of the Nissan Tekton, our focus remains on expanding our network footprint, enhancing accessibility, and delivering a stronger customer experience across the country.”

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