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GST Cuts and Festive Rush Propel Record October Auto Sales in India

Automakers credit the late-September GST reset for unlocking pent-up festive demand.

Overview

  • Maruti Suzuki reported its highest-ever monthly sales at 220,894 units, with domestic volumes at a record 180,675 and exports at 31,304 units.
  • Maruti also logged record quarterly exports of 110,487 units in July–September, offsetting a Q2 domestic wholesale dip tied to buyers waiting for GST-driven price changes.
  • Tata Motors Passenger Vehicles posted record October wholesales of 61,295 units, with SUVs topping 47,000 for a 77% mix and EVs at an all-time high 9,286 units, up 73% year on year.
  • Tata said it delivered over 100,000 vehicles between Navratri and Diwali, a 33% increase over last year, reflecting concentrated festive-period dispatches.
  • Mahindra & Mahindra recorded its highest monthly SUV sales at 71,624 units and total vehicle sales of 120,142, as industry reports highlighted scaled-back discounts and lingering logistics constraints during the festive period.