India's automobile industry concluded 2025 with record-breaking sales across multiple segments, including passenger vehicles (PVs), commercial vehicles (CVs), and three-wheelers. PV sales reached an all-time high of 4.49 million units for the calendar year, with a significant 20.6% surge in the third quarter. This growth was attributed to factors like GST rate reductions, income tax relief, lower financing costs, and strong festive season demand. Two-wheeler sales also saw substantial growth, nearing their second-best year on record, with exports rising across most categories.