Archive · 19 Sep 2025

Hyundai Sees SUV Growth Post GST Rate Rationalization

Hyundai Sees SUV Growth Post GST Rate Rationalization

Hyundai, an Indian car company, believes small SUVs will become more popular.

The government cut taxes on cars, making them cheaper.

This, plus people wanting nicer cars, is expected to boost sales, especially for small SUVs.

The urban market's positive feeling is expected to increase demand.

From April-July, the segment saw almost 400,000 units sold.

However, they do say that global concerns may impact how fast sales grow.

Sources