Did 2-wheeler sales in India surpass 13.7 lakh units in August amid GST reforms?
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Synopsis
In August, India’s two-wheeler sales topped 13.7 lakh units, marking a 2.18% rise year-on-year. Despite strong festive inquiries, many buyers are waiting for potential price drops due to upcoming GST reforms. Will this trend continue?
Key Takeaways
- Two-wheeler sales in August reached 13.7 lakh units.
- Sales increased by 2.18% compared to last year.
- GST reforms led to delayed purchases.
- Festive season driving strong inquiries.
- Commercial vehicle sales grew by 8.55%.
New Delhi, Sep 9 (NationPress) Two-wheeler retail sales in India hit 13,73,675 units in August, reflecting a 2.18% increase from 13,44,380 units during the same month last year. This growth occurred as many consumers opted to delay purchases until September 22, when the new GST reforms take effect.
Data from the Federation of Automobile Dealers Associations (FADA) indicated that passenger vehicle (PV) sales also saw a slight rise, reaching 3,23,256 units last month, compared to 3,20,291 units in August 2024.
The commercial vehicle sector experienced an impressive growth of 8.55%, with sales at 75,592 units versus 69,635 units last August. In the three-wheeler category, retail sales totaled 1,03,105 units.
Overall vehicle retail sales increased by 2.84%, amounting to 19,64,547 units last month, compared to 19,10,312 units in the same month a year prior.
The month began positively, marked by strong inquiries and festive bookings. However, sales momentum slowed in the latter half as the announcement of GST 2.0 reforms led many customers to delay purchases, hoping for price reductions, as noted by FADA.
Within the two-wheeler sector, demand remained robust, fueled by upcoming festivals like Onam and Ganesh Chaturthi, with many customers seeking deliveries on auspicious days.
The significant GST 2.0 announcement prompted buyers to postpone purchases until September, anticipating lower rates.
Despite these factors, market sentiment remains positive, with dealers expressing confidence that the forthcoming festive season will trigger strong growth, according to FADA.
FADA President C.S. Vigneshwar remarked that August typically marks the start of the festive season, with Onam and Ganesh Chaturthi ushering in joy.
“Enthusiasm among customers remains high, evidenced by strong inquiries and solid bookings, ensuring vehicles are ready for auspicious festive deliveries. The only challenge was the conversion rate, which slowed down due to the upcoming GST 2.0 benefits,” he explained.
Dealers are optimistic that September will mark the beginning of a rapid growth phase, driven by favorable policies and festive excitement, he added.
Point of View
It’s vital to recognize the evolving landscape of the two-wheeler market in India. The current increase in sales reflects a complex interplay of consumer sentiment, market anticipation due to GST reforms, and the significant influence of festive purchasing behavior. Our commitment remains with the nation, focusing on delivering insightful and trustworthy content.
NationPress
09/09/2025
Frequently Asked Questions
What were the two-wheeler sales figures for August 2024?
In August 2024, two-wheeler retail sales in India reached 13,73,675 units, marking a 2.18% increase from the previous year.
How are GST reforms affecting vehicle purchases?
Many consumers are postponing their purchases until the new GST reforms take effect on September 22, anticipating potential price reductions.
What trends are emerging in the commercial vehicle market?
The commercial vehicle segment saw an impressive growth of 8.55%, with sales reaching 75,592 units compared to 69,635 units last August.
How are upcoming festivals influencing sales?
Festivals like Onam and Ganesh Chaturthi are driving strong inquiries and bookings, motivating customers to seek deliveries on auspicious days.
What is the overall sentiment in the auto market?
The overall market sentiment remains optimistic, with dealers confident that the festive season will lead to strong growth in the coming months.
