Led by SUVs, India's passenger vehicles sales shrugs off global uncertainty; posts 9% growth on GST cuts - The Times of India

The Times of India

NEW DELHI: Spurred by GST 2.0 rate cuts in Sept last year and easier consumer bank lending rates, Indian car market shrugged off geopolitical tensions and concerns around US trade tariffs to close the year at a record 47 lakh units (4.7 million) in FY26, a 9% growth over the 43 lakh units (4.3 million) sold in the previous fiscal.The surge was led by SUVs, which grew their share in total industry…

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