The Federation of Automobile Dealers Association (FADA) has released the automotive retail sales data for November, which saw a total of 3,208,719 vehicles sold across categories, marking a 11.2 percent growth over November 2023.

This saw two-wheelers clocking its best-ever performance for the month at 2,615,953 units, up 15.8 percent YoY, three-wheeler at 108,337 units, up 4.2 percent YoY, passenger vehicles sales at 321,943 units, down 13.7 percent YoY, tractors sales at 80,519 units, up 29.8 percent YoY and commercial vehicles sales at 81,967 units, down 6 percent YoY.

C S Vigneshwar, President, FADA, stated, “While November was initially expected to build on its prior momentum, particularly due to the marriage season, dealer feedback suggests that this segment underperformed overall expectations. Although rural markets offered some support, primarily in the two-wheeler category, marriage-related sales remained subdued. The late occurrence of Deepawali at the end of October also caused a spillover of festive registrations into November, affecting the month’s sales trajectory.”

He shared that while November sales in certain segments were at record high, the marriage season’s contribution fell short of expectations, offering only limited relief from rural India.

The passenger vehicles sales in particular faced notable headwinds, on the back of weak market sentiment, limited product variety and insufficient new launches, compounded by the shift of festive demand into October.

“Although rural interest was present, it failed to significantly improve sentiment.

Inventory levels have reduced by about 10 days, but to remain high at around 65-68 days. FADA continues to urge OEMs to further rationalise inventory so that the industry can enter the new year on a healthier footing, reducing the need for additional discounts,” stated Vigneshwar.

On the CV sales he explained that the segment also struggled due to restricted product choices, older model issues, limited financier support, and the absence of major festivals in November following a strong October.

“External elements such as elections, a slowdown in coal and cement industries, and weak market sentiment also weighed heavily on this category,” he said.

Going forward he expects that with the prospects of a bumper Kharif harvest is likely to temper food inflation and the broader macroeconomic environment appears will improve, potentially aiding consumer sentiment in the months ahead.

“However, the immediate December outlook derived from dealer feedback is mixed. Category-wise Expectations:

Two-wheelers: Dealers suggest that while some buyers remain hesitant—either awaiting new-year models or influenced by subdued post-festive sentiment—others could be drawn by potential year-end discounts and stable rural demand. Although momentum may not be robust, incremental schemes and easing inflation could lend mild support, placing two-wheeler on a cautiously positive footing.

Passenger vehicles: In the passenger vehicles segment, heavy discounting and improved product availability are expected to help offset weak consumer sentiment and a general year-end lull. While some customers are deferring purchases for new-year models, overall interest could pick up due to aggressive offers and end of year promotions. This sets a tone of cautious optimism, with a moderate chance of improved sales compared to November.

Commercial vehicles: The commercial vehicles category faces a more challenging environment. Factors such as subdued infrastructure activity and customers holding back for newer model-year vehicles continue to dampen demand.

“Nonetheless, selective OEM schemes and year-end offers may provide a limited lift. On balance, while the CV segment’s expectations are not uniformly positive, there is some hope that targeted incentives and stable financing conditions could prevent a sharper decline. In sum, while the near-term outlook for December is not overwhelmingly strong across segments, it leans towards stability with pockets of potential growth, underlining a sentiment that remains overall remains cautiously optimistic.

Representational image: David McBee/Pexels

German luxury car brand Mercedes-Benz India has attained a new production milestone of rolling out its 200,000^th made-in-India car the EQS SUV, from its Chakan facility in Pune, Maharashtra.

The event was attended by Dr Joerg Burzer, Member of the Board of Management of Mercedes-Benz Group AG responsible for Production, Quality & Supply Chain Management, rolled out the 200,000th Mercedes-Benz in India in the presence of Santosh Iyer, Managing Director & CEO, Mercedes-Benz India and Vyankatesh Kulkarni, Executive Director & Head of Operations, Mercedes-Benz India.

It is important to note that Mercedes-Benz India was among the first luxury car brands to set-up production and assembly in India way back in 1994. The company clocked 50,000 units production milestone in 2014 taking a total of 19 years; the next 150,000 units came in a decade (2015-2025).

Interestingly, in the last two years, Mercedes-Benz India produced 50,000 cars, which the OEM stated demonstrates the rapid evolution of India's luxury car market and the increasing aspiration for the Mercedes-Benz brand among Indian customers.

The Chakan facility also boasts several notable distinctions, including being the first market to produce a Mercedes-Maybach (S500) outside Germany in 2015, production of the EQS 580 Sedan in 2022, localisation of a second BEV – EQS 580 SUV. Since 2022, the Chakan facility uses 100 percent green energy for production.

What’s more, Mercedes-Benz has invested over INR 30 billion in India till date with INR 2 billion in 2024 alone.

Dr Joerg Burzer, said, “Mercedes-Benz’s remarkable milestone of 200,000 'Made in India' Mercedes-Benz cars, underlines India’s potential as a key manufacturing hub in the long run. The Indian plant has achieved high level of production agility, manufacturing world-class ICE and EVs under one-roof, underscoring the technical prowess of the team and high level of flexible manufacturing, capable of responding fast to market and customer requirements. The Indian production hub's contribution to our global sustainable manufacturing strategy, through 100 percent renewable energy use, exemplifies our commitment to sustainable manufacturing.”

Santosh Iyer, added, "Mercedes-Benz production facility is the backbone of our Indian operations and has played a critical role in our market success, manufacturing world-class ICE and BEV products for the discerning Indian customers. Mercedes-Benz continues to set new standards in production quality, remaining invested in the market with highest investment by any luxury OEM in India. We will stay invested in our state-of-art manufacturing facility, catering to growing market demand for Mercedes-Benz products in the Indian market."

French tier 1 supplier Valeo is upping its bet on India’s electrification story and has inaugurated its newest facility in Pune, which will focus on the production of the highly integrated 3-in-1 Combo unit (On Board Charger, DC-DC Converter and Power Distribution Unit) for electric vehicles.

The 3-in-1 Combo combines three essential components:

• On-Board Charger, which converts AC power from the grid to charge the high-voltage battery (ranging from 7kW to 22kW).
• DC-DC Converter, which converts high-voltage power to 12V for auxiliary systems and low-voltage battery charging.
• Power Distribution Unit that efficiently distributes power to critical electric vehicle components, including traction and auxiliary loads.

This modular design enhances efficiency by optimizing component sharing between the battery, OBC, and DC-DC units, reducing space, weight and costs while improving overall performance.

The new facility was inaugurated by Xavier Dupont, Valeo Power Division CEO and Group Executive Vice President and Jayakumar G, Group President & Managing Director, Valeo India.

Xavier Dupont, said, “At Valeo, we are committed to supporting xEV growth in India. We offer our clients the latest technologies for safer and more sustainable mobility and by investing in new production capabilities, we are proud to contribute to Make in India. My congratulations and best wishes to the Valeo Power teams for their dedication to drive electrified mobility forward.”

Jayakumar G, stated, "This achievement reflects the strong collaboration between Valeo’s global and India teams in establishing these advanced manufacturing lines. I am pleased that our teams are trained in these new technologies and prepared for the production ramp-up. We sincerely thank our customers for their steadfast support. As India accelerates its xEV transformation, Valeo remains committed to delivering innovative solutions for a sustainable future."

The tier 1 stated that by localising key power electronic components, it will reduce import dependency, optimise supply chain and deliver cost-competitive solutions for OEMs for their EV programmes in India.

The tier 1 supplier has been present in India since 1997 and operates 8 production sites and R&D Centre, employing over 7,000 people across its facilities.

Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has announced its wholesales for March 2025 and FY2025.

For March, the company witnessed flat growth, selling a total of 369,823 vehicles, which was 1 percent higher YoY, compared to 365,904 units for the same period last year.

In contrast to two-wheeler sales, which were flat at 315,732 units (0.59 percent), the three-wheeler sales grew by 3.98 percent, primarily driven by an 11 percent increase in exports.

On the other hand, for FY2025, the company reported a robust growth of 6.9 percent, selling a total of 4.65 million vehicles, as compared to 4.35 million units last year.

The two-wheeler sales came to 3.98 million, up 6.82 percent YoY. This includes 2.30 million two-wheelers sold in the domestic market, up 2.5 percent YoY and 1.47 million units exported, up 13.3 percent YoY.

The three-wheeler sales came to 668,657 units, which was 7.3 percent higher as compared to 623,010 units sold last year. The domestic sales grew by 3.3 percent YoY, while exports grew at 19 percent YoY, respectively.

Swaraj Tractors partners Mahindra Susten to establish what it claims is Punjab’s largest solar group captive project – a 26 MW solar energy installation in the Bathinda district.

The initiative will supply renewable energy to four manufacturing locations of Swaraj Tractors, which will enable it to scale up the share of renewable energy in production to 50 percent. The project will generate approximately 60 million kWh of renewable energy annually, which will cut down about 54,600 tonnes of CO2 emissions.

Hemant Sikka, President, Farm Equipment Sector, Mahindra & Mahindra, said, “With this groundbreaking solar project, we are taking a pioneering step in introducing green energy at such a large scale in tractor manufacturing for the first time in India. The initiative aligns perfectly with our vision of ‘Transforming Farming and Enriching Lives’, while advancing toward a sustainable future.”

Gaganjot Singh, CEO, Swaraj Division, Mahindra & Mahindra, said, "This solar project is a testament to our unwavering commitment to creating a cleaner, greener future. By leveraging Mahindra Susten’s expertise, we are confident of achieving our renewable energy goals and making a significant contribution to Punjab's evolving energy landscape."

Deepak Thakur, Managing Director and CEO, Mahindra Susten, said, "At Mahindra Susten, our vision is to deliver clean and efficient energy solutions to the Commercial and Industrial (C&I) sector, and we are doing so by developing bespoke power plants tailored to optimally serve each C&I client requirements. We are proud to partner with Swaraj Tractors in their sustainability journey and to bring our renewable energy expertise to Punjab. Together, we aim to drive the adoption of green energy and contribute to India’s transition toward a renewable future."