India auto sales surge: Double-digit growth driven by GST cuts and strong demand - The Economic Times

Car sales last month rose in strong double-digits year-on-year to 420,000-425,000 units driven by strong customer demand post GST cuts by the government. As per industry estimates sales last month are expected to have grown by 19-21% over 352,000 units sold in the same period last fiscal. Automakers in India mostly report wholesale dispatches from factories to dealerships and not retail sales to c…