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The Economic Times

Economy / The Economic Times

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Auto sales surge as tax cuts fuel demand momentum

This marked the fourth straight month of a double-digit growth in domestic car sales. Car sales grew by 17% in October, 19% in November, and 27% in December, as consumers rushed to showrooms to benefit from price cuts on cars and SUVs following a reduction in goods and services tax (GST) with effect from September 22.

3 Feb 2026 12:44 am