Two-wheeler sales volume to grow 5-6% this fiscal after GST cut boost: Crisil Ratings

Crisil Ratings anticipates a 5-6% growth in two-wheeler sales this fiscal year, spurred by the GST Council's tax rate rationalization. This move is expected to boost demand for two-wheelers and passenger vehicles, with price drops of 5-10% anticipated. However, motorcycles exceeding 350 cc will face higher levies, potentially impacting their sales.

from Auto-Industry-Economic Times https://ift.tt/sjaTo2U