Entry hatchbacks rebound: mini car sales double to 43,757 units on GST rate cuts
Maruti Suzuki-led entry hatchbacks like Alto and S-Presso saw sales jump 107% YoY to 43,757 units last quarter after a three-year slump, helped by recent GST cuts that lowered taxes and improved affordability. Volumes still sit 62% below the Q1 FY23 peak of 55,133 units.
Mini car sales like Alto and S-Presso doubled last quarter (43,757 units, +107% YoY) after a three-year slump, aided by recent GST rate cuts that lowered taxes and made entry hatchbacks more affordable.