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Festive season, GST rate cut boost car sales to all-time high in October
The Morning Standard
|November 02, 2025
Except Hyundai Motor, most OEMs reported high double-digit growth during the month
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INDIA'S passenger vehicle (PV) industry is estimated to have recorded its highest-ever monthly dispatches and retail sales in October as a reduction in GST rates during the peak festive season spurred an unprecedented surge in demand.
Most original equipment manufacturers (OEMs) on Saturday reported record monthly dispatches to dealer showrooms while indicating that retail sales far exceeded wholesales.
Domestic dispatches for country's largest carmakerMaruti Suzuki (MSIL)-grew by 10.5% year-on-year to 1,76,318 units in October.
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