Car sales jump 45% due to lower GST, festive season:Tata records highest EV sales at 9,191, surpassing Hyundai, Mahindra to claim the second spot

September turned out to be a milestone month for India’s auto industry. With reduced GST rates and strong festive demand ahead of Navratri, Dussehra, and Diwali, dealers increased factory orders sharply. Wholesale car sales in the domestic market rose by up to 45%. Tata Motors led in terms of higher bulk sales, surpassing Hyundai and Mahindra to claim the second spot in car sales. Tata sets new record by selling over 60,900 cars The company supplied 59,667 cars, including petrol, diesel and EV vehicles, up 45% compared with last year. This figure goes further up by including exports, setting a new sales record of over 60,900 vehicles in a month. It is 47% more than September 2024 and the highest monthly sales so far. Additionally, it set a new monthly EV sales record with nearly 9,191 EVs (doubling by 96%) compared to last year. Nexon sold highest with 22,500 units Tata Nexon was the company’s best-selling car, with over 22,500 units sold. The noteworthy point here is that Nexon car sales include both ICE and EV models. Tata’s CNG car sales increased by 105% Tata recorded a 105% increase in its CNG car sales on an annual basis. CNG models include Tata Tiago CNG, Tata Tigor CNG, Tata Punch CNG, Tata Altroz CNG, and Tata Nexon CNG. Mahindra’s bulk sales increased by 10% Last month, Mahindra Mahindra’s wholesale sales increased by 10% to 56,233 cars. JSW MG Motor India sold 6,728 cars. This is a 34% increase compared to 5,021 cars sold in September 2024. Maruti Suzuki’s wholesale sales decreased by 8% While most vehicle manufacturers saw an increase in wholesale sales in September, the country’s largest car manufacturer, Maruti Suzuki’s domestic sales decreased by 8% on an annual basis. The biggest reason behind this decline is the more than 30% reduction in sales of mini-segment cars like Alto and S-Presso. After initial slow pace, it receives a Navratri sales boost Although car sales remained slow before new prices took effect following GST cuts, sales increased rapidly in the 9 days of Navratri after September 22. Car manufacturers say they have benefited from GST cuts and the early days of Navratri. According to Nalinikanth Gollagunta, CEO of Mahindra’s Automotive Division, “Due to momentum from GST 2.0 and pent-up demand, retail sales in first 9 days of Navratri were 60% higher than last year.” N. Varinder Wadhwa, VP of Sales-Service-Used Car Business at Toyota Kirloskar said, “Market showed enthusiasm due to historic GST reforms and start of festive season.”