Vehicle sales In August, 2.84 PC is growing, rise in sales expected in September in the midst of GST -cuts: fada

The total sale of vehicles rose with a snail pace of 0.02 percent month on a month and 2.84 percent on an annual basis, revealed data from FADA. The car body said that customers are expected to rise during the festive season and the tax cuts of the government and the service tax (GST).

The sale of passenger vehicles were marginal at 3,23,256 units last month compared to 3,20,291 units in August 2024, FADA said in a statement.

Lowering of the tax rate have also postponed buyers who buy vehicles, because they only apply from 22 September, according to the Federation of Automobile Dealers Association.

The turnover of two wheels increased by 2.18 percent on an annual basis, while the sale of passenger vehicles rose marginally by 0.93 percent on an annual basis. Data showed that car sales to customers increased 2.84% in August, but fell by 1.63 percent month on a month.

The body said there was an increase in questions for two-wheelers, but the sales were postponed due to festivals and GST-taking cuts.

Two-Wheeler Retail Sales in August This Year at 13.73.675 Units As Against 13.44.380 Units in the year-ago Month, UP 2.18 per cent, it added.Three-Wheeler Retail Sales Were at 1.03.105 units as Compared MONT-LAGED MONT-LAGED MONT-LAGED 2.26 per cent.swhile, the maximum growth was so -in tractor sales, which rose 30.14 percent on an annual basis, but impoverished 3.95 percent month on month.

“Dealers remain convinced that September will herald the start of an accelerated growth cycle, powered by both policy winds and festive zeal,” said President CS Vigneshwar.

Despite these factors, the general sentiment is stable and dealers remain convinced that the festive season will unlock a robust growing momentum for the coming, Fada said. The segment for commercial vehicles witnessed a growth of 8.55 percent at 75,592 units compared to 69,635 units in August last year, FADA said.

Vigneshwar added: “August traditionally leads in festive cheers, with Onam and Ganesh Chaturthi who announced the season of joy. Customers continued to show strong enthusiasm with high investigations and robust bookings, so that vehicles are tailored to aus -bold festive deliveries.

On the short-term prospects, FADA said that for Auto Retails, September will be a two-phase month: a Gedempte first half due to SHRADDH and GST waiting, followed by a sharp increase as a policy-bornness, festive sentiment and OEM schedules that converge upcoming GST reductions.

“With these schedules, customers can now book vehicles while enjoying GST-Uitgegelde benefits, so that timely deliveries are guaranteed on their favorite favorable dates such as Navraatri and Durga Puja. Dealers in different categories expect this strategy to facilitate the deferred demand and the offer of the party season,” it said.

With GST 2.0 as a milestone reform, proactive OEM schemes and the start of the largest festivals in India, FADA remains decisively optimistic that September will mark the start of a strong growth cycle for Auto Retail, according to the statement.