India Records Highest-Ever Car Sales in October
India’s auto industry just recorded its best-ever month. In October, Indians bought nearly 20,000 cars every single day, taking total sales to around 5.5 to 5.7 lakh vehicles, the highest ever in a single month.
What Drove the Surge
The biggest factor behind this record was a reduction in GST on small cars, cut from 28% to 18%. This made entry-level models more affordable for first-time buyers. Festive season demand and heavy dealer discounts further pushed up sales, creating one of the strongest months the industry has ever seen.
Who Sold the Most
Maruti Suzuki led the market with 2.4 lakh units, driven by budget models like the Alto and WagonR. Tata Motors followed with about 75,000 units sold, while Mahindra reported 31% growth compared to last year. Even luxury carmakers such as Mercedes-Benz and BMW posted their best-ever October performance in India.
What Buyers Should Know
Experts say that while the numbers look strong, this rush could ease soon. Once the current demand wave is fulfilled, carmakers and dealers are likely to announce better offers and discounts to maintain sales momentum. So, if you’re planning to buy a car, waiting a bit longer might get you a better deal.