Vehicle Dispatches Dip in August as Buyers Await Price Cut in GST Rejig

Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid a dip in demand, with many prospective buyers postponing their purchases anticipating a reduction in vehicle prices on account of the new GST framework.

- PTI

The country's largest carmaker, Maruti Suzuki India, reported an 8 percent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.

The company's dispatches stood at 131,278 units last month, as compared with 143,075 units in the year-ago month. The sale of mini-segment cars, comprising Alto and S-Presso, declined to 6,853 units against 10,648 units in August 2024.

Dispatches of compact cars, including Baleno, Dzire, Ignis, and Swift, however, increased to 59,597 units from 58,051 units a year ago.