GST 2.0 and Festive Season to Boost Car Sales

Last updated: 09 September 2025


The Indian passenger vehicle industry is set to witness a strong demand rebound over the next two months, driven by the festive season and the recent GST rate rationalisation, according to Stellantis India CEO and Managing Director.

The executive noted that the government's decision under GST 2.0 to rationalise tax rates-making small cars more affordable is expected to trigger pent-up demand, with the November-December quarter performing better than earlier projections.

"From Onam and Ganesh Chaturthi to Navratra and Diwali, this is the period when customers make their big-ticket investments. With GST reforms adding affordability, the industry will see stronger growth than forecasted earlier," he said.

GST 2.0 and Festive Season to Boost Car Sales

Citroen Expands Line-Up with Basalt X Range

Stellantis' Citroen brand is also capitalising on the momentum by introducing the Basalt X Range, featuring all-new premium interiors and India's first intelligent in-car companion, CARA. Priced from Rs 7.95 lakh, the Basalt X is designed to appeal to the fast-growing segment of young Indian buyers seeking technology-rich, affordable vehicles.

"Basalt X marks a bold leap for Citroen 2.0. With premium interiors and innovative features, we are redefining the everyday driving experience while keeping prices accessible," said the Stellantis India business head and director for automotive.

The company highlighted that local R&D, manufacturing, and supply chain localisation have been key in keeping Citroen vehicles competitively priced for Indian consumers.

Industry Outlook

With GST benefits, new model launches, and festive buying sentiment, automakers are optimistic about a sustained demand revival. The Stellantis India chief expressed confidence that consumer affordability, coupled with government reforms, will refuel industry growth after a relatively subdued period.


CCI Pro



News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


Comments



More »


Popular News





CCI Pro
Meet our CAclubindia PRO Members



Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details