Festive demand, tax cut power India’s auto sales in September

keting head Partho Banerjee said.

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Tata Motors MD and CEO Shailesh Chandrasaid the GST cut and festive season together helped the carmaker beat both Hyundai and Mahindra to rise to become the second largest carmaker this year. All three have been locked in an intense competition for the second position.

“Across our portfolio, customer interest remained exceptionally strong with new bookings doubling in the latter half of September following the lowering of GST rates,” Chandra said on the sales performance of the company, which saw sales grow by 45% to 59,667 units.

Mahindra and Mahindra also sawa 10% surge in sales to 56,233 units during September. However, it flagged the logistics issue asakey concern.