Monday, September 8, 2025

Automobile retail sales rise 2.8% amid festival demand and anticipated GST cuts

Auto retail sales saw a rise of 2.8% in August, boosted by festival demand. However, sales remained flat compared to the previous month. Buyers postponed purchases, expecting lower prices after GST reductions. Commercial vehicles performed well, driven by e-commerce. Tractor sales surged due to good monsoons.

from Auto-Industry-Economic Times https://ift.tt/4aY0L6y

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