Overview

• Effective September 22, GST 2.0 cut the tax on qualifying small cars to 18% and set a 40% rate for larger or luxury vehicles, reshaping price points across segments.
• Maruti Suzuki reported about 80,000 enquiries and more than 25,000 deliveries on Day 1, with end‑of‑day deliveries expected to approach 30,000.
• Hyundai Motor India logged around 11,000 dealer billings, its best single‑day performance in five years, as Tata Motors delivered 10,000 cars and recorded over 25,000 enquiries.
• Used‑car platform CARS24 said deliveries jumped roughly 400% by 2 pm and inspections topped 5,000 in a day, the highest on its platform in four years.
• Automakers rolled out model‑wise price cuts to pass on GST savings, with reported reductions ranging from tens of thousands of rupees on mass‑market cars to over Rs 10 lakh on some luxury models.