Automobile retail sales surged to a record during Navratri, driven by unprecedented tax cuts and festive offers. Vehicle registrations climbed 34% to 1.16 million units, with significant growth across passenger cars, two-wheelers, commercial vehicles, and tractors. This boost in consumer sentiment is attributed to reduced GST rates, income tax revisions, and lower interest rates.
from Auto-Industry-Economic Times https://ift.tt/zlWLEZ2
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