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Record November for India’s Auto Market With PV Dispatches Up 19% as Nexon Leads for a Third Month

Fresh SIAM data ties the surge to GST 2.0 pricing effects plus festive-season demand.

Overview

  • Passenger-vehicle wholesales reached 412,405 units in November, up 18.7% year-on-year and the highest November on record, according to SIAM.
  • Maruti Suzuki led dealer dispatches with 170,971 units, with Mahindra at 56,336 and Hyundai at 50,340, SIAM figures show.
  • Tata Nexon sold 22,434 units to remain India’s best-selling car for the third consecutive month, extending a run above 22,000 units since September.
  • Compiled model rankings indicate the top 10 cars totaled 1,74,783 units, up about 21% year-on-year, led by Maruti Suzuki’s Dzire at 21,082 and Swift at 19,733.
  • SUVs dominated the charts with 14 of the top 25 models, while newcomer Victoris debuted strongly with 12,300 units.