Tuesday, August 18
Vehicle registrations, a proxy for retail sales, rose 7.7% to 28.16 million units last calendar year, as a reduction in vehicle prices after tax cuts helped revive consumer demand.Auto sales had remained largely muted in the first three quarters of 2025 amid global economic uncertainties and waning post-pandemic demand. However, the government's move to cut the goods and services tax (GST) with effect from September 22, and automakers dropping prices to pass on the tax benefits triggered a sharp demand recovery. Auto sales had grown about 9% in 2024.126380966 While two-wheeler and three-wheeler sales grew by 7.2% each in 2025, passenger vehicle retails increased by 9.7%, according to data compiled by the Federation of Automobile Dealers Associations (Fada).Tractor sales expanded by 11.5% a
