VERIFIEDET Finance·22 Sept 2026positive

First-time car buyers make a comeback as lower GST boosts small-vehicle demand

AI Summary

·First-time car buyers are increasing their share of sales in the Indian market.
·Lower taxes have revived demand for entry-level passenger vehicles, benefiting companies like Maruti Suzuki and Tata Motors.
·Entry-level SUV sales experienced substantial year-on-year growth after tax adjustments.