The automotive wholesale trade continued to realize momentum in November because of the September 2025 Items and Companies Tax minimize. Many of the prime auto firms reported year-on-year (YoY) development of 20% or extra, indicating robust efficiency.
Maruti Suzuki India Ltd., India’s largest passenger car (PV) firm, introduced that it bought a complete of two,29,021 items in November 2025, marking its highest ever month-to-month gross sales as in comparison with 1,81,531 items (26% enhance) in the identical interval final 12 months. Home solar energy technology unit gross sales elevated by 21% from the earlier 12 months to 170,971 items. The overall gross sales quantity for the month consists of 174,593 items bought domestically, 8,371 items bought to different OEMs, and 46,057 items exported. Notably, exports reached a month-to-month excessive.
Tata Motors Passenger Automobiles Ltd.’s wholesale quantity in home and abroad markets in November 2025 was 59,199 items, a rise of 25.6% in comparison with 47,117 items in November 2024. Within the home market, the corporate reported wholesale gross sales of 57,436 items, a rise of twenty-two% in comparison with 47,063 items in the identical interval final 12 months.
Mahindra & Mahindra Restricted (M&M Ltd.) introduced that total car gross sales in November 2025 had been 92,670 items, a rise of 19% year-on-year, together with exports.
Within the utility car section, Mahindra bought 56,336 items within the home market, a rise of twenty-two% over the earlier 12 months, and total gross sales together with exports stood at 57,598 items. Home gross sales of business automobiles: 24,843 items, 17% development.
Hyundai Motor India Restricted (HMIL) achieved whole month-to-month gross sales of 66,840 items, registering a year-on-year development of 9.1%. This consists of month-to-month home gross sales of fifty,340 items, a rise of 4.3% from the earlier 12 months, and exports of 16,500 items.
Tarun Garg, Complete-Time Director and Chief Working Officer, HMIL, mentioned, “Supported by GST 2.0 reforms, we are going to proceed to take care of our gross sales momentum and home month-to-month gross sales will enhance year-on-year in November 2025.”
“Moreover, our dedication to strengthening India’s function because the world’s manufacturing hub was additional bolstered with a 26.9% year-on-year enhance in month-to-month exports,” he added.
Toyota Kirloskar Motor (TKM) reported wholesale gross sales of 33,752 items, a rise of 28% year-on-year. This consists of 30,085 items bought within the home market and three,667 items exported.
Varinder Wadhwa, Vice President, Gross sales, Service and Used Automobiles, TKM, mentioned: “The robust momentum of 28% development continues following a robust Christmas season supported by the federal government’s progressive GST reforms.”
Kia India reported wholesale gross sales of 25,489 items, 24% greater than November 2024 gross sales of 20,600 items. This efficiency comes on the again of Kia’s best-ever gross sales quantity in October 2025.
Skoda Auto India bought 5,491 items in India, registering a 90% year-on-year development.
Renault India, a wholly-owned subsidiary of French automaker Renault Group, reported wholesale gross sales of three,662 items in November 2025 in comparison with 2,811 items in the identical month final 12 months, a rise of 30.27% year-on-year.
Within the two-wheeler (2W) section, Suzuki Bike India Ltd. (SMIPL) reported whole gross sales of 1,22,300 items, registering 30% YoY development. Within the home market, SMIPL’s gross sales reached 96,360 items in November 2025, a rise of 23% year-on-year. Exports elevated by 62%, reaching 25,940 items in November 2025 from 16,037 items in November 2024.
Honda Bike & Scooter India (HMSI) reported whole gross sales of 5,91,136 items in November 2025, a rise of 25% over the earlier 12 months. This consists of home gross sales of 533,645 items and exports of 57,491 items.
TVS Motor Firm recorded whole month-to-month gross sales of 5,19,508 items in November 2025, a rise of 30% as in comparison with whole month-to-month gross sales of 401,250 items in November 2024.
General bike gross sales elevated by 27% from 392,473 items in November 2024 to 4,97,841 items in November 2025. Home two-wheeler gross sales elevated by 20% from 3,05,323 items in November 2024 to three,65,608 items in November 2025.
Bajaj Auto Ltd reported a 1% YoY decline in home gross sales to 2,02,510 items. Exports elevated by 8% from the earlier 12 months to 177,204 items. The corporate’s whole car gross sales, together with bikes, three-wheelers, and exports, elevated 8% year-on-year to 453,273 items.
