India retail vehicle sales hit all-time high in October on tax cuts, festive boost

Hyundai Motor India

07/11/2025 03:37

Nov 7 (Reuters) - India's retail vehicle sales jumped 40.5% year-on-year to a record high in October, boosted by strong demand for two-wheelers and passenger vehicles, in the first full month since the government's tax reforms took effect, the Federation of Automobile Dealers Associations said on Friday.

 (Reporting by Meenakshi Maidas and Kashish Tandon in Bengaluru)

 ((Meenakshi.Maidas@thomsonreuters.com; +91 8921483410;))