September 7, 2026 12:27 PM

Auto retail sales hit record 24.23 lakh units in Aug; alternative-fuel PVs overtake petrol: FADA

Automobile retail sales in India grew 17.51 per cent to a record 24,23,201 units in August, riding on continued momentum of GST 2.0 despite a seasonal monsoon lull and the delayed onset of the festive calendar, the Federation of Automobile Dealers Associations (FADA) said on Monday. In August last year, total automobile retail sales in India stood at 20,62,038 units, FADA said in a statement. For the first time in India’s history, PV alternative-fuel share (CNG + Hybrid + EV) reached 41.95 p...

January 2, 2026 2:43 PM

Domestic passenger vehicle wholesales jump 26% in December; 4.55 million units sold in 2025

Domestic passenger vehicle (PV) wholesales rose around 26 per cent year-on-year to nearly 4.05 lakh units in December, driven by sustained demand following the goods and services tax (GST) rationalisation in September and attractive year-end discounts offered by automakers. The surge was further supported by buyers advancing purchases ahead of planned price hikes from January. For the calendar year 2025, PV wholesales increased 5.7 per cent year-on-year to a record high of about 4.55 million un...