Festive fever drives Oct car sales to record high

India's car sales surged to a record high in October, driven by the festive season and increased manufacturer dispatches to dealerships. Two-wheeler makers also experienced strong growth, indicating demand from entry-level buyers. Commercial vehicle sales were boosted by replacement demand. Maruti Suzuki, Mahindra & Mahindra, Hyundai Motor India, and Kia India all reported record monthly sales, with Maruti Suzuki seeing a 21% increase.

Hyundai Motor India's chief executive attributed the record sales to strong festive demand and healthy momentum in domestic and export markets.

Brief written by urgent.news from The Economic Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.