{"id":14731,"date":"2025-09-23T17:09:56","date_gmt":"2025-09-23T11:39:56","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=14731"},"modified":"2025-09-23T17:09:56","modified_gmt":"2025-09-23T11:39:56","slug":"gst-reforms-ignite-auto-market","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/gst-reforms-ignite-auto-market\/","title":{"rendered":"GST Reforms Ignite Auto Market\u2014Maruti, Hyundai, Tata Record Historic Day One Sales on Navaratri Day One"},"content":{"rendered":"<p>A wave of excitement swept through India\u2019s automobile market on September 22, 2025, as the country\u2019s largest carmakers\u2014Maruti Suzuki, Hyundai Motor India, and Tata Motors\u2014posted unprecedented sales numbers, mirroring the start of Navaratri and the rollout of the groundbreaking Goods and Services Tax (GST) 2.0 regime.<\/p>\n<p>Maruti Suzuki India witnessed 80,000 customer inquiries and delivered nearly 30,000 cars, in what company officials called the \u201cstrongest single-day response in over 35 years.\u201d Hyundai Motor India clocked 11,000 dealer billings, marking its best performance in five years. Tata Motors reported over 10,000 deliveries\u2014a record for the company\u2014and more than 25,000 inquiries, as buyers thronged showrooms for festive deals.<\/p>\n<h2><strong>GST 2.0: Savings Drive Demand<\/strong><\/h2>\n<p>GST 2.0 brought sweeping reductions in car prices across segments, with the biggest gains for small cars. The GST rate for sub-4 metre models fell to 18% from a cumulative 29-31%, with the compensation cess scrapped. Larger and luxury models moved to a 40% slab\u2014down from 43\u201350%\u2014putting more cars within reach of middle class buyers.<\/p>\n<p>Car makers raced to pass on the full GST benefit to customers, typically offering additional festive discounts. Small cars such as Maruti\u2019s Alto K10 and Tata\u2019s Tiago saw price reductions from \u20b946,000 to \u20b91.20 lakh, while Tata\u2019s SUVs like Nexon and Safari became cheaper by as much as \u20b92 lakh. Hyundai cut prices by \u20b960,000\u2013\u20b92.4 lakh across hatchbacks, sedans, and SUVs, making many models attractive for first-time buyers and upgrader families alike.<\/p>\n<p>Also Read: <a href=\"https:\/\/www.niftytrader.in\/content\/anand-rathi-ipo-gmp-today-subscription-review\/\">Anand Rathi IPO GMP Today: Subscription Status, Price Band, and Analyst Review<\/a><\/p>\n<h2><strong>Festive Sentiment at Fever Pitch<\/strong><\/h2>\n<p>The auspiciousness of Navaratri, combined with GST 2.0\u2019s \u201cDiwali gift,\u201d was cited by automaker executives as a catalyst for the surge. Partho Banerjee of Maruti Suzuki remarked, \u201cEnquiries remain very high, and certain variants may run out of stock soon.\u201d Hyundai\u2019s COO Tarun Garg credited \u201crobust festive sentiment and customer confidence,\u201d anticipating continued strong sales through the season.<\/p>\n<p>Dealerships across the country saw heavy footfalls and conversion spikes, with buyers keen to capitalize on the limited-period price reductions and festive offers. Many dealers reported depleted inventories for popular small car and SUV variants before the end of the festive day.<\/p>\n<h2><strong>Industry Impact<\/strong><\/h2>\n<p>Analysts say GST 2.0\u2019s implementation could boost broader consumer spending and economic growth, especially amid continued global uncertainty. Auto manufacturers are banking on sustained momentum, with Navaratri seen as a launchpad for the upcoming Diwali and New Year sales cycles.<\/p>\n<h3><strong>Key Highlights<\/strong><\/h3>\n<ul>\n<li>GST 2.0 reforms have transformed the festive car-buying landscape.<\/li>\n<li>Leading to historic day-one sales performances for industry heavyweights.<\/li>\n<li>As buyers celebrate lower prices, carmakers are gearing up for an extended festive rally that could redefine India\u2019s auto market growth trajectory.<\/li>\n<\/ul>\n<p>Click Here To Explore Other: <a href=\"https:\/\/www.niftytrader.in\/stocks-price\">NSE Stocks Price Today<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wave of excitement swept through India\u2019s automobile market on September 22, 2025, as the country\u2019s largest carmakers\u2014Maruti Suzuki, Hyundai Motor India, and Tata Motors\u2014posted unprecedented sales numbers, mirroring the start of Navaratri and the rollout of the groundbreaking Goods and Services Tax (GST) 2.0 regime. Maruti Suzuki India witnessed 80,000 customer inquiries and delivered [&hellip;]<\/p>\n","protected":false},"author":6,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1370],"tags":[],"ppma_author":[1383],"class_list":{"0":"post-14731","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-economy-blog"}," _eael_post_view_count":0,"authors":[{"term_id":1383,"user_id":6,"is_guest":0,"slug":"pradeep","display_name":"Pradeep Sangatramani","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/14731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=14731"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/14731\/revisions"}],"predecessor-version":[{"id":14732,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/14731\/revisions\/14732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/14323"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=14731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=14731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=14731"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=14731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}