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The Times of India News

Business / The Times of India

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Tax relief helps carmakers clock record sales in 2025

Fueled by tax cuts and a strong monsoon, India's passenger vehicle market achieved record sales in 2025. Maruti Suzuki led with robust growth and exports, while Tata Motors surpassed Hyundai to become the second-largest player. Mahindra & Mahindra saw peak SUV volumes, with industry executives attributing the surge to GST reductions and government IT relief boosting purchasing power.

2 Jan 2026 6:48 am