The Indian automotive industry witnessed a significant reshuffle in October 2025, marking the first full month of vehicle sales under the new GST 2.0 regime. The initial numbers reveal clear winners and surprising shifts in market dynamics as manufacturers adapt to the revised tax structure.
Maruti Suzuki Maintains Market Dominance
Maruti Suzuki India solidified its position as the undisputed market leader, reporting impressive wholesale figures. The auto giant dispatched over 1.79 lakh units to its dealerships, showcasing strong consumer demand across its portfolio. This performance sets a confident tone for the company under the new taxation framework.
Hyundai Secures Second Position
Hyundai Motor India maintained its stronghold as the second-largest player in the passenger vehicle segment. The Korean automaker reported wholesale dispatches of 56,201 units, demonstrating consistent performance despite the changing regulatory environment.
Tata Motors Shows Strong Momentum
Tata Motors emerged as another significant performer, securing the third spot with 52,139 units dispatched. The homegrown automaker continues to capitalize on its strong SUV portfolio and evolving electric vehicle strategy.
Mahindra's SUV Focus Pays Off
Mahindra & Mahindra reported robust numbers with 42,399 utility vehicles sold. The company's focused approach on the SUV segment continues to yield dividends, positioning it as a strong contender in the competitive market.
Other Key Players' Performance
The mid-tier segment saw varied performances:
- Toyota Kirloskar reported 25,124 units, maintaining steady growth
- Honda Cars India recorded 13,577 units, showing gradual recovery
- Kia India, while not disclosing exact figures, indicated positive momentum
GST 2.0: The New Normal for Auto Industry
The October sales figures provide the first comprehensive look at how the automotive sector is adapting to GST 2.0. Early indicators suggest that the new tax structure hasn't significantly dampened consumer sentiment, with most major manufacturers reporting healthy numbers.
Industry analysts are closely monitoring whether this initial momentum will sustain through the festive season and into the coming quarters. The performance across different segments - hatchbacks, sedans, SUVs, and electric vehicles - will offer crucial insights into shifting consumer preferences under the new tax regime.
As manufacturers recalibrate their strategies and pricing, the October 2025 sales data serves as a critical benchmark for the Indian automotive industry's journey under GST 2.0.
