Auto bookings slow down as buyers delay purchases on GST cut hopes

According to Nuvama Institutional Equities’ latest dealer channel checks, customer enquiries remain healthy, but fresh bookings have slowed sharply over the past week as buyers adopt a wait-and-watch approach. Across two-wheelers (2W), passenger vehicles (PVs), and tractors, dealers are reporting a noticeable dip in booking activity. Customers, aware of the chatter around GST rationalisation, are…