GST rate cut boost: Passenger vehicle sales jump by 17% YoY in October - Business Today

Two-wheeler sales rose 2.1% year-on-year to 22.11 lakh units in October 2025 after the tax rate on motorbikes up to 350cc was reduced to 18% from 28%. Maruti Suzuki India Ltd, India’s biggest carmaker by volume, recorded domestic sales of 1.76 lakh units in October 2025, up 10% compared with the same month last year. Sales of passenger vehicles grew 17.2% year-on-year to 4.60 lakh units in October…