Car makers rev up targets for FY26 on higher bookings powered by GST cuts

Automakers in India, including Maruti Suzuki, Hyundai, and Mahindra & Mahindra, are increasing sales targets for this fiscal year following GST cuts on vehicles. Customer bookings have surged, leading manufacturers to project a 5-7% growth, a significant rise from the earlier 1-2% forecast. The industry anticipates continued momentum, fueled by positive consumer sentiment and rural market strength.

from Auto-Industry-Economic Times https://ift.tt/4CAZilB