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Car sales plunge sharply in August as buyers wait for GST rate reduction
September 02, 2025
|The New Indian Express Kozhikode
Reacting to speculation of a significant GST (goods and services tax) rate cut, car sales in India fell sharply in August 2025 as buyers delayed purchases and dealers reduced stock orders.
Domestic passenger vehicle (PV) sales of India's largest carmaker—Maruti Suzuki (MSIL)—fell 8% year-on-year to 131,278 units in August 2025, down from 143,075 units in the corresponding month last year. Maruti's entry-level mini segment (Alto, S-Presso), where chances of a GST rate cut are high, fell to just 6,853 units in August 2025, a fall of 36% YoY.
The carmaker's SUV sales fell 14% to 54,043 units in August as it is preparing for a new model launch on September 3. Mahindra & Mahindra's SUV sales fell 9% YoY in August to 39,399 units, while Tata Motors' PV sales fell 7% to 41,001 units. Hyundai Motor saw its domestic PV sales falling by 11% YoY to 44,001 units.
هذه القصة من طبعة September 02, 2025 من The New Indian Express Kozhikode.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kozhikode
The New Indian Express Kozhikode
RAHUL'S REIGN OF RELENTLESS DEFEATS
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3 mins
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Lokpal paves way for CBI charge sheet against MP in cash-for-query case
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1 min
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WHO norms on diabetes during pregnancy out
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1 mins
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Clamour in Canada to call extortion an act of terror gains momentum
IN the face of unabated extortion calls affecting the legal community in British Columbia (BC), the lawyers have demanded that the Canadian federal government classify extortion as a terrorism offence under the Criminal Code.
1 mins
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