India, Nov. 14 -- The Indian passenger vehicles segment recorded its highest-ever dispatches in October 2025, according to the latest data gathered by the Society of Indian Automobile Manufacturers (SIAM). OEMs sold a total of 4.61 lakh units in the domestic market, marking a 17.2 per cent increase over the 3.93 lakh units sold in the same month a year ago. Reflected across passenger cars and utility vehicles (SUVs) segments, the growth was attributed to strong festive season demand and lower upfront costs backed by the recent GST rate rationalisation.

Director General of SIAM, Rajesh Menon, said, "With the reduced GST rates becoming effective from 22nd September 2025, October witnessed a strong uptick in Vehicle Registrations, resulting...