Overview
- Maruti Suzuki reported about 80,000 enquiries and roughly 30,000 deliveries on Sept 22, its strongest single-day performance in decades.
- Hyundai Motor India logged around 11,000 dealer billings, a five-year high, while Tata Motors said it delivered 10,000 cars on Day 1.
- GST 2.0 consolidates rates to 5% and 18% with a 40% band for luxury/sin goods, moves small cars to 18%, and removes the automobile compensation cess.
- Retailers and platforms saw a parallel demand spike, with electronics prices cut (split ACs down ₹3,000–₹5,000, premium TVs up to ₹85,000 off) and early festive sale traffic rising on Flipkart and Amazon.
- The government has tasked CBIC field formations to track pass-through with first reports due Sept 30, as dealer body FADA flags transitional credit and working-capital stress; Suzuki Motorcycle India said it is passing the full benefit to buyers.