Festive season drives 21% jump in India’s auto sales as GST 2.0 cuts boost buying - CNBC TV18
Automobile retail sales across the domestic market witnessed a 21% year-on-year increase in the 42-day festive season, led by record registrations of passenger vehicles and two-wheelers, aided by the GST rejig-enabled drop in prices across segments, dealer' body FADA said on Friday. Overall retail sales rose to 52,38,401 units in the festive period this year as compared with 43,25,632 units in the…