Auto retailers are gaining momentum as the GST hike increases local demand

Vehicle registrations, a measure of retail sales, rose 7.7% to 28.16 million units last calendar year as a reduction in vehicle prices following tax cuts helped revive consumer demand.Auto sales had remained largely subdued in the first three quarters of 2025 due to global economic uncertainties and weakening demand following the pandemic. However, the government’s […]

‘Motown continues to accelerate push and tax breaks in rural areas’: SIAM president

New Delhi: The auto industry expects demand to grow across all segments, including entry-level, by 2026, driven by better rural incomes and the recent rationalization of goods and services tax that has eased pressure on affordability. “The rollout of the GST 2.0 reform in September 2025 has markedly increased demand for passenger cars, commercial vehicles […]