#Firstpost India: Auto Sales Hit Record High Ahead of Diwali| Firstpost Live| N18G
India: Auto Sales Hit Record High Ahead of Diwali| Firstpost Live| N18G
India: Auto Sales Hit Record High Ahead of Diwali| Firstpost Live| N18G
As India gears up for Diwali, festive shopping has kicked into high gear, with automobiles emerging as a top choice among consumers. September witnessed record vehicle sales, with over 3.72 lakh passenger vehicles sold, marking a 4.4 per cent rise from last year. Two-wheeler and three-wheeler sales also grew by 6.7 per cent and 5.5 per cent respectively. The surge is attributed to recent GST reforms, lower interest rates, and income tax changes, which have made vehicles more affordable and boosted consumer sentiment. Growth is seen not just in cities but also in rural areas, with the upcoming marriage season further supporting demand.
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