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51m ago

GST-Led Festive Rush Lifts India Auto Retail 5% in September, 34% During Navratri

Lower GST rates pulled purchases into the Navratri window, with dealers now holding roughly two months of stock for Diwali.

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Overview

  • FADA reported total September registrations at 1,827,337 units, up 5.22% year over year based on VAHAN data.
  • Between Sept. 22 and Oct. 2, overall registrations rose about 34% to 1,156,935 units, with two-wheelers up 34.95% to 835,364 and passenger vehicles up 34.87% to 217,744.
  • For the full month, two-wheelers grew 6.51% to 1,287,735 units and passenger vehicles rose 5.80% to 299,369 units, with broader categories showing mixed trends.
  • The GST rationalisation effective Sept. 22 moved small cars to an 18% rate and higher-end models to 40%, which FADA said spurred enquiries and bookings during the festive period.
  • Dealers report roughly 60 days of inventory and strong enquiry levels heading into Dhanteras and Diwali, with deliveries contingent on smooth logistics and billing.