GST cuts, Navaratri drive Sep PV sales up 5.8%

Dealerships clocked 'record-breaking footfall and deliveries': Fada

- SHINE JACOB

Retail sales of passenger vehicles (PV) increased 5.8 per cent year-on-year (Yo-Y) in September as tax cuts boosted demand during Navaratri festivities, the Federation of Automobile Dealers Associations (Fada) said on Tuesday.

Sales were muted in the first three weeks of September but surged after September 22, when the revised goods and services tax (GST) rates took effect, the association said. As many as 299,369 units were sold last month.

Overall, automobile retail sales increased 5.2 per cent compared to September 2024. Sales of two-wheelers, tractors, and commercial vehicles grew 6.5 per cent, 3.6 per cent, and 2.6 per cent, respectively. The three-wheeler and construction equipment segments declined 7.2 per cent and 19 per cent.