India's auto sales just had a blowout month, surging 40% on the back of strong domestic demand [CNBC]
SUZUKI MOTOR CO UNSP/ADR (SZKMY)
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Source: CNBC
Monday - Friday, 11:00 - 12:00 SIN/HK | 0500 - 06:00 CET Key Points Two-wheeler and passenger vehicle sales hit record highs, buoyed by rural demand, tax cuts, and the festival season. Rising domestic consumption is crucial for India to offset the negative impact of the U.S. tariffs on Indian exports. MUMBAI, INDIA - OCTOBER 18: On Dhanteras, auspicious day, many people purchased new vehicles at the Car Showroom in Thane, on October 18, 2025 in Mumbai, India. Hindustan Times | Hindustan Times | Getty Images India's auto industry posted its strongest month on record in October, underscoring a sharp rebound in domestic consumption that could offset the impact of the slowdown in exports to the U.S. Total retail sales across all vehicle segments — from cars to tractors — were up 40.5% from a year earlier, data from the Federation of Automobile Dealers Associations showed. “Both passenger vehicles and two-wheelers achieved lifetime highs, signaling renewed consumer confide
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