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GST reduction drives car sales 5% higher in Sept
Financial Express Lucknow
|October 02, 2025
Only Maruti posts fall in wholesales, retail sales up 28%
PASSENGER VEHICLE SALES picked up speed in September as the Goods and Services Tax (GST) rate cuts boosted demand ahead of the festive season, helping the industry clock its best monthly growth in nine months.
Dispatches of cars and SUVs rose 5.42% year-on-year to 381,437 units, marking a sharp turnaround from the sluggish performance seen through most of this year.
The surge followed the roll-out of GST 2.0 from September 22, which lowered the levy on mass-market vehicles to 18% from 28%.
This story is from the October 02, 2025 edition of Financial Express Lucknow.
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