Automobile retail sales fall 24% in October on high base effect a year ago

MUMBAI Total vehicle retail sales in October 2026 fell 24% Year on Year (YoY) to 31,72,466 units because of high base effect in the year ago people according to data released by Federation of Automobile Dealers Association (FADA). But October retail sales grew 25.05% from September 2026. Measured against that extraordinary base two wheelers and passenger vehicles segments faced decline.

Two-Wheelers declined 28.35% and Passenger Vehicles 14.23%. Also Read: ‘Best ever September’: Auto retail sales surge 32% year-on-year https://www.thehindu.com/business/Industry/best-ever-september-auto-retail-sales-surge-32-year-on-year/article71550095.ece But Commercial Vehicles grew 2.29%, Three-Wheelers grew 3.97%, Tractors 3.10% and Construction Equipment grew 22.07%. Passenger Vehicles retailed 5,07,768 units, 14.23% below October 2025 but 18.86% above September.

Two-Wheelers retailed 23,21,419 units, down 28.35% YoY. “The YoY decline is almost entirely optical.