Passenger vehicle demand surged after GST rationalisation, boosting Maruti Suzuki's sales significantly. Mahindra & Mahindra also reported strong growth across its vehicle segments. Improved affordability brought many new buyers into the automotive market. This tax adjustment has driven overall auto retail growth and market expansion. Manufacturers are now accelerating capital expenditure plans due to this positive trend.
from Auto-Industry-Economic Times https://ift.tt/PnR5j4W
Subscribe to:
Post Comments (Atom)
-
For viewers that stream YouTube using a mobile app, the video-sharing platform appears to be testing a new option. According to GSM Arena, a...
-
Mercedes-Benz India expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well. Th...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment