Overview
- Maruti Suzuki reported about 80,000 enquiries and roughly 30,000 deliveries on Sept 22, Hyundai logged around 11,000 dealer billings, and Tata Motors delivered 10,000 cars on the opening day of Navratri.
- Small/sub‑4m cars and two‑wheelers up to 350cc shifted to an 18% GST from 28%, many auto components were reduced, and larger/luxury vehicles moved to a flat 40% with the auto compensation cess removed.
- Automakers said they passed tax savings to customers, with Suzuki Motorcycle India cutting vehicle and spare‑parts prices and citing model‑wise benefits up to ₹18,024.
- Electronics and e‑commerce saw immediate gains as split ACs fell by ₹3,000–₹5,000 and premium TVs by up to ₹85,000; Haier nearly doubled sales, Blue Star estimated a 20% YoY rise, and CARS24 said deliveries jumped 400%.
- The Centre and CBIC are monitoring whether companies are passing on benefits, with field formations’ first price‑tracking reports due by September 30.