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Tax cuts drive Dec sales surge for leading carmakers
Mint Hyderabad
|January 02, 2026
India’s leading carmakers reported a strong rise in December sales to dealers on Thursday, with tax cuts from earlier in the year fuelling demand into the final month of 2025.
In September, India cut goods and services tax on small cars to 18% from 28% and on sports utility vehicles with engine capacities of more than 1,500 cc to 40% from about 50%, in a bid to spur consumer spending and bolster growth amid steep US tariffs. This benefitted market leader Maruti Suzuk’s small car portfolio, its biggest vertical, which rose 50% to 92,929 units—its highest level since January 2025.
This story is from the January 02, 2026 edition of Mint Hyderabad.
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