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FADA: Vehicle registrations jump 32% to 2.54 million in September on a low GST-deferral base

Latest update, : FADA: September auto registrations jump 31.82%, but October faces a 40.53% GST 2.0 base and costlier credit

FADA reported vehicle registrations rose 32% year-on-year to 2,536,920 units in September, on a low base after GST 2.0 purchase deferrals. Passenger vehicles grew 33%, two-wheelers 32% and commercial vehicles 38%. Dealers expect an October festive pick-up.

Newer report adds to this story , : Dealers hold 45 days of passenger vehicle stock, with discounts rising.

What we verified

Checked against the other reports of this story.

What it says about consumers

Treat the 32% jump to 2.54 million registrations as partly a base effect from deferred GST 2.0 purchases, so plan October festive inventory, staffing and financing offers for a strong but smaller uplift, and make sure EV stock and service capacity cover the roughly 13% EV share.

Next data points

  • FADA's October registration release and whether YoY growth stays strong once the low base is absorbed
  • Whether EV penetration holds near 13% or slips as overall volumes rise
  • Dealer inventory commentary and OEM dispatch data against retail registrations
  • Retail finance approvals and lender commentary during the festive season
  • Growth rates of passenger, two-wheeler and commercial segments relative to the 33%, 32% and 38% September prints

Updates

Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.

  1. Read the update at Autocar Professional

    FADA: September auto registrations jump 31.82%, but October faces a 40.53% GST 2.0 base and costlier credit

    • September 2026 passenger vehicle retail growth: 32.10%
    • Repo rate after RBI hike: 5.50%
    • Underlying growth, first five months FY27 excl. September: around 17%

On the record

Earlier FADA reports on RetailIntel, newest first.

  1. : Dealers warn price hikes could blunt GST-led auto boom as H1 FY27 retail sales rise 20.77% to 15.51 million units
  2. : India passenger vehicle retail jumps 32.1% to record 427,213 units in September: FADA
  3. : Two-wheeler retail sales jump 33% to a record 17.9 lakh units in September as EVs reach 11.6% share

The source

Source Read the source at ET Small Business

Published

Also reported by The Hindu BusinessLine, BW Auto World, Business Standard, Autocar Professional

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