Vehicle dispatches see robust surge in Sept

Led by GST reforms and festive cheer, passenger vehicle and two-wheeler dispatches from factories to dealers surged in September, raising hopes for the industry to end the current fiscal on a positive note, industry body SIAM said on Wednesday.

- OUR CORRESPONDENT

‘The overall passenger vehicle dispatches last month rose 4 per cent to 3,72,458 units, as against 3,56,752 units in September 2024.

Similarly, two-wheeler sales witnessed a 7 per cent on-year rise to 21,60,889 units last month, as compared to 20,25,993 units in the year-ago period, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

Total three-wheeler dispatches increased to 84,077 units last month, an increase of 5.5 per cent, as compared to 79,683 units in the same month of the previous year.

“In spite of the new GST rates coming into effect from September 22, i.e. only for 9 days of the month, passenger vehicles, two-wheelers and three-wheelers have already posted their highest-ever sales of September,’ SIAM President Shailesh Chandra told reporters here.

Looking ahead, the outlook for the sector remains encouraging due to key tailwinds, he added.