Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Car sales plunge sharply in August as buyers wait for GST rate reduction
The New Indian Express Kozhikode
|September 02, 2025
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.
This story is from the September 02, 2025 edition of The New Indian Express Kozhikode.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kozhikode
The New Indian Express Kozhikode
Khalistan-point figures in India, Canada high-level dialogue
IN a key step towards mending diplomatic ties, National Security Adviser Ajit Doval held bilateral security consultations with his Canadian counterpart Nathalie Drouin in New Delhi on Thursday.
1 min
September 20, 2025
The New Indian Express Kozhikode
Zubeen Garg of ‘Ya Ali’ fame dies in Singapore scuba diving accident
NORTHEAST’S OWN
1 mins
September 20, 2025
The New Indian Express Kozhikode
Zubeen Garg of 'Ya Ali' fame dies in Singapore scuba diving accident
NORTHEAST'S OWN
1 mins
September 20, 2025
The New Indian Express Kozhikode
Kochi chosen for Messi’s November date
THE suspense is finally over.
1 min
September 20, 2025
The New Indian Express Kozhikode
Corp tax mop-up rises, individual collections drop
Higher income tax exemption limit brings down personal advance tax collections
1 mins
September 20, 2025
The New Indian Express Kozhikode
PRICE WAR HEATS UP
MAHINDRA JOINS MARUTI IN PRICE CUTS AFTER GST RATIONALISATION, ADDS BENEFITS TOTALLING ₹2.56 LAKH
1 mins
September 20, 2025
The New Indian Express Kozhikode
Ayyappa meet: Bigwigs likely to stay away
THE much-anticipated Global Ayyappa Sangamam, being organised as a mega event to make Sabarimala a global pilgrim destination, is unlikely to have many prominent national-international dignitaries turning up.
1 mins
September 20, 2025
The New Indian Express Kozhikode
ASIA CUP Pak flip-flop delays match versus UAE
THE Asia Cup continues to deliver drama— off the field.
1 min
September 18, 2025
The New Indian Express Kozhikode
HC flags weight drop of 'gold' plates, orders probe
THE Kerala High Court on Wednesday ordered a probe into the “glaring and unexplained reduction” of 4.541 kg in the combined weight of the gold-cladded copper plates of dwara-palaka idols of Sabarimala temple and the 'peedams' on which they stood when they were weighed a month apart in 2019.
1 min
September 18, 2025
The New Indian Express Kozhikode
EU sets year-end target for India free trade pact
Strategic framework evolved for enhanced ties on trade, security, climate, technology
1 mins
September 18, 2025
Listen
Translate
Change font size