Car sales surge in April as FY27 starts with record runs for Maruti Hyundai and Kia

Published on 1 May 2026

GST and rate cuts helped drive record April sales

Indian carmakers kicked off FY27 with a strong jump in passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia posted standout performances, pulling domestic sales higher. Analysts attribute the uptick to policy and financial tailwinds including GST 2.0, repo rate cuts, and income tax relief, signaling a promising beginning for the auto sector.

FY27 began with a notable rise in domestic passenger vehicle sales
Maruti Suzuki, Hyundai, and Kia logged record performances in April
GST 2.0, repo rate cuts, and income tax relief boosted demand
April’s momentum suggests a healthier start for the auto sector

#automobile sector #repo rate #gst #fy27 #car sales

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Car sales surge in April as FY27 starts with record runs for Maruti Hyundai and Kia

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