Trichy: GST 2.0, the reforms in Goods and Services Tax which took effect on Sept 22, has boosted car sales with dealers across Trichy recording more than 40% surge in sales compared to last month.
Growth in new car sales, which was languishing till August, went into top gear in the following month following GST rate reduction and a deluge of tempting offers on older stock offered by desperate ...
The GST rate cut which came into effect in September 2025 has also supported demand by improving affordability. The tax on motorcycles with engine capacity up to 350 cc was reduced from 28% to 18%, ...
India's two-wheeler market is seeing a clear shift towards premium motorcycles and scooters. Buyers are choosing models with higher engine capacities, better features, and modern styling. While a GST ...
While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent. Photograph: Bhawika Chhabra/Reuters The goods and services tax (GST) reforms clearly tilted the ...
Icra says GST rate reductions and rural demand boosted festive season auto sales, with two-wheelers and passenger vehicles up over 20 per cent India’s automotive sector witnessed one of its strongest ...
Did our AI summary help? A reduction in the goods and services tax (GST) has breathed new life into India’s long-neglected entry-level car and two-wheeler segments, reversing months of decline caused ...
The ongoing wedding season and attractive exchange offers are expected to provide a temporary boost to sales across entry-level vehicle segments. Electric passenger vehicle volumes are regaining ...
The long festival season coinciding with a cut in Goods and Service Tax (GST) drove up car sales across the country, with many major car brands reporting their highest ever bookings during the festive ...