The Government is happy with the record level of last month's GST collection, the signal coming from the car market to the government is also pleasant. In December last year, Maruti Suzuki sales increased by 20 percent and Hyundai sales by 30 percent.
These two companies together account for 70% of the country's car market. Hyundai has sold 47,400 cars this month, a record in the Indian market. Sales of many car companies like Toyota Kirloskar, Honda, MG Motor have also increased significantly.
However, there is still a shortage of customers in Mahindra & Mahindra's showroom. All these car companies have announced to increase the price of cars from this month, then it remains to be seen whether the crowd of customers remains intact. Maruti Suzuki has reported that it has sold 1,60,266 cars in the last month, which is 20.2% higher than in December 2019.