Auto sector showed power in June quarter, more than 10 lakh vehicles sold, Maharashtra number one

Auto sector showed power in June quarter, more than 10 lakh vehicles sold, Maharashtra number one

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Auto Sales: According to the industry body SIAM, 10.12 lakh passenger vehicles were sold in India in April 2025. Maharashtra topped it. Car-bikes can be cheaper on Diwali due to GST reduction.

Auto sector showed power in June quarter, more than 10 lakh vehicles soldSale of record trains in India in April-June quarter
Auto sales: The demand for car and two-wheeler in India remains continuously. In the first quarter (April-June) of FY 2025-26, more than 1 million passenger vehicles were sold in the country. According to data from Industry Body Society of Indian Automobile Manufacturers i.e. SIAM, a total of 10.12 lakh vehicles were sold. Among them, Maharashtra achieved the number one position with the sale of 1.19 lakh units.

Along with cars, the two-wheeler and commercial vehicle segment also saw good growth. During this period, 46.75 lakh two -wheelers were sold across the country, in which Uttar Pradesh was at the forefront with the sale of 8.18 lakh units. At the same time, selling commercial vehicles was 2.23 lakh units, in which Maharashtra topped 32,000 units and topped the sale of 32,000 units.

1.65 lakh units of three wheeler sold

Talking about the three wheeler, 1.65 lakh units were sold in this segment. In this, Uttar Pradesh won with 21,000 units. In July 2025, the number of passenger vehicles sent from companies to dealers was 3,40,772 units, which is slightly lower than last year. The wholesale sales in July 2024 were 3,41,510 units.

If GST decreases, car-bikes can be cheaper on Diwali
The government may soon improve GST. It is proposed that tax on small cars and two-wheelers should be reduced from 28 percent to 18 percent. If this happens, vehicles will become economical before Diwali.

Passenger vehicle sales in FY26 estimated to increase by 1 to 4 percent: Ikra
Let us know that in the current financial year 2025-26 in the domestic passenger vehicle industry, one to 4 percent growth is estimated to be recorded in wholesale sales. Rating agency Iqra said on Friday that in July, wholesale sales increased by 8.9 percent on a gradual basis. However, the sales quantity remained stable at 3.4 lakh units on an annual basis. Retail sales also improved by 10.4 percent on a gradual basis, but it was 0.8 percent less on a annual basis.

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vinoy jha

After starting a career with print media, he has been working as a senior copy editor in News18Hindi for the last 8 years. Business news team is part of the team for almost 4 years. He has experience of about one and a half decades in the media. Business …Read more

After starting a career with print media, he has been working as a senior copy editor in News18Hindi for the last 8 years. Business news team is part of the team for almost 4 years. He has experience of about one and a half decades in the media. Business … Read more

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Auto sector showed power in June quarter, more than 10 lakh vehicles sold

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Tax of 7 lakhs on SUV worth 14.50 lakhs! The person expressed his pain by showing the receipt of the car

Tax of 7 lakhs on SUV worth 14.50 lakhs! The person expressed his pain by showing the receipt of the car

New Delhi. You pay tax on whatever goods you buy. Tax is the main source of income for the government. The Product and Service Tax (GST) was implemented on 1 July 2017 by removing various types of taxes imposed on products and goods in India. Currently, four types of tax slabs have been created under GST according to the product, which include tax slabs of 5%, 12%, 18% and 28%. Let us tell you that you have to pay 28% GST on vehicles sold in the country. At the same time, a separate cess is also levied according to the size, engine capacity and fuel type of the vehicles.

In the case of vehicles, this tax goes above 50%. If you buy an SUV in India, you pay more than 50% tax to the government through GST. Recently, a picture of the price breakup receipt of an SUV shared by a person on X went viral, after which it has become a topic of discussion.

Tax on SUVs is more than 50%
Let us tell you that the government levies 28% GST on big vehicles like SUVs. In this, the central tax and the state government have an equal share. At the same time, an additional cess of 20-22% is also levied on SUVs. This makes the tax on an SUV almost 50%.

A person named Sumit Bahl shared a picture on his Instagram handle in which information was given about the tax imposed on the ex-showroom price of the diesel model of Mahindra XUV700. According to the post, the actual price of the SUV is Rs 14,58,738.78, while a total cess of Rs 4,08,459.46 has been imposed on it at the rate of 28% GST and Rs 2,91,756.76 at the rate of 20% cess. If the tax is combined, then this SUV worth about 14.50 lakhs is available to the customer for Rs 21,59,000 with GST. At the same time, the customer is paying a tax of about Rs 7 lakh.



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