Car Market EXPLODES! GST Cuts Lead to RECORD Navratri Sales

DriveSpark

Historic scenes in the Indian auto market! The first day of Navratri 2025, combined with the new GST 2.0 reforms, has triggered an unprecedented car sales boom across India.    In this video, we break down the record shattering numbers and explain what this means for you. Major brands like Maruti Suzuki, Hyundai, and Tata Motors have reported their highest single-day sales in years.    👉 Don’t forget to like, comment, and subscribe for more updates.  ----------------------------------------------  #CarSales #GST #Navratri2025 #CarPriceDrop #MarutiSuzuki #TataMotors #HyundaiIndia #IndianCars #AutoNews #FestiveSeason  -------------------------------------------------------  👉Related Videos  • https://youtu.be/GKL8Y2w3dfM  • https://youtu.be/HEP3gM0SXXc  -------------------------------------------------------  👉Like, Share and Subscribe to Drivespark Channel for latest updates.  -------------------------------------------------------  🌍Visit our website:- https://www.drivespark.com  -------------------------------------------------------  📲 Stay Updated With Drivespark Via Social Media :-  ✔Facebook - https://www.facebook.com/drivespark/  ✔Twitter - https://x.com/Drivespark  ✔Instagram - https://www.instagram.com/drivespark/  ✔Snapchat - https://rb.gy/8a3cnv  -------------------------------------------------------  ~PR.304~ED.70~

Transcript

00:00Hi guys and welcome to drive spark and you are watching another video for GST and that impact

00:08that it has created on the Indian market and specially for the automotive sector. So in

00:13today's video I'll be telling you what all companies have sold how many cars due to the

00:18reduction of the GST rate and due to the festive season also which is ongoing at the moment. So in

00:23this video we'll be talking about some record-breaking numbers that the manufacturers have

00:27seen in just a single day. Now the opening of the Navaratri turned into a record selling occasion

00:32for car makers across the Indian market due to the GST reduction combined with the festive season as

00:37I mentioned earlier and this has pushed the sales volume very sharply at a higher mark. Now small

00:43vehicles saw GST cuts up to 18 percent from the previous 28 percent while larger vehicles saw a

00:48drop of overall taxation rate that is GST plus CES to a new 40 percent flat rate and prices have gone

00:55down significantly. Now if we talk about manufacturers number one we come to Maruti. Now Maruti led the

01:01surge in this and they registered around 80,000 inquiries across this dealership in just one day

01:08and deliveries crossed 25,000 vehicles with the company officials indicating the number may have

01:14touched also 30,000 units as the pending registration and backlog clearance are added through the week.

01:19So just imagine like due to the GST cut and due to the new prices that is the lower prices for entry

01:26level cars they have reduced so Maruti has seen a record breaking number. Now if we talk about Hyundai

01:31Motor India they saw a very unexpected movement the company reported wholesale dispatch of what 11,000

01:37vehicles to its dealers on one single day that is the first day of Navaratri. Now this marked Hyundai's

01:43highest sale in one single day in the past five years and this all happened due to the reduced thicker

01:48prices and the festive season offers that is going on. Now Tata Motors matched Hyundai's pace with its own

01:55milestone. The homegrown manufacturer delivered nearly 10,000 vehicles across the Indian market in

02:00one single day while it is also reported that 25,000 inquiries were done across its outlet in India.

02:08Now if we talk about the combined performance of these three major automakers highlighted the immediate

02:13impact of the tax cut on consumer segment. Now popular models such as Maruti smaller cars and Tata smaller

02:20SUVs and Hyundai's entry level models saw a strong traction of buyers as it took advantage of the festive

02:25season benefits and the impact of the GST reduction with prices going down significantly. Now the demand spike

02:33just came hours after post of the GST price cut were announced. Maruti cars recorded a reduction of up to

02:40rupees 1.5 lakh. Tata cars price cut up to rupees 1.2 lakh while Hyundai's slice prices by up to 1.24 lakh.

02:49Now just imagine the wave that has been created by the new GST. It has impacted the automotive industry

02:55very very significantly because prices have gone down for entry level cars so that's why sales have

03:00gone up and plus due to the festive season that is Navaratri. First day they recorded so much and it

03:06will continue going on since the festive season will be on for some time now. So for such interesting

03:12news please follow drive spark and I will see you in the next one.

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