New Delhi, Nov. 6 -- Indian automobile retail recorded its second-best October on record, registering a 25.05 per cent month-on-month (MoM) increase over September, even as 51.65 per cent of dealers projected sales growth in November, according to data and survey findings released by the Federation of Automobile Dealers Associations (FADA).

According to FADA's Online Members' Survey, 51.65 per cent of dealers anticipated retail expansion in November, backed by Dhanteras and Diwali falling within the month. Meanwhile, 34.71 per cent forecasted flat volumes and 13.64 per cent expected de-growth.

Total vehicle retail sales reached 31,72,466 units during the month. Commenting on the October performance, FADA President Sai Giridhar said, "Oc...