The big GST boost: Post-GST sales account for 63% of total auto sales in September
September auto retail sales saw a mix of slow growth and high demand due to Shraadh and buyers waiting for revised GST rates. However, as Navratri and new rates began, sales picked up with a 34% YoY growth. Two-wheeler and passenger vehicle sales also saw a decline in September, but remained higher on a yearly basis. Overall, the auto sector reported a 5.22% YoY growth.