automotiveIndiaHyundaiGSTSUV

Hyundai CEO Questions Sustainability of Hatchback, Sedan Sales Bounce-Back

about 8 hours ago

Published: May 8, 2026

Hyundai Motor India CEO Tarun Garg said the recent growth in hatchback and sedan sales following GST rationalization is not a lasting trend, as the company prepares to launch two new SUVs in FY27, including its first locally developed electric compact SUV.

Hyundai Motor India CEO Tarun Garg has cautioned that the recent recovery in hatchback and sedan sales following the September 2025 GST rate rationalization does not signal a structural shift in India's auto market, with SUVs expected to remain dominant. While the GST changes improved affordability and spurred demand across segments, Garg said the growth in sub-four-meter vehicles is unlikely to sustain long-term.