GST 2.0 reforms and festive demand drove passenger vehicle (PV) wholesales (despatches to dealers) in September, with most original equipment manufacturers (OEMs) reporting double digit growth on a year-on-year (YoY) basis.

Utility vehicles maker Mahindra & Mahindra (M&M) reported domestic wholesales growth of 10 per cent YoY to 56,233 during the month, as compared with 51,062 units in September last year.

“Thanks to the impetus from GST 2.0 and the preceding weeks’ pent-up demand, we have seen robust growth in dealer reported customer retails during the first nine days of Navratri, with over 60 per cent growth in the SUV segment..The surge in festive demand has placed significant constraints on availability of trailers. We are working to improve despatches to our dealer network within

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