Tax relief helps carmakers clock record sales in 2025

Fueled by tax cuts and a strong monsoon, India's passenger vehicle market achieved record sales in 2025. Maruti Suzuki led with robust growth and exports, while Tata Motors surpassed Hyundai to become the second-largest player. Mahindra & Mahindra saw peak SUV volumes, with industry executives attributing the surge to GST reductions and government IT relief boosting purchasing power.

Tax relief helps carmakers clock record sales in 2025
Fueled by tax cuts and a strong monsoon, India's passenger vehicle market achieved record sales in 2025. Maruti Suzuki led with robust growth and exports, while Tata Motors surpassed Hyundai to become the second-largest player. Mahindra & Mahindra saw peak SUV volumes, with industry executives attributing the surge to GST reductions and government IT relief boosting purchasing power.