India’s auto retail hits record highs with 21% festive season surge, powered by GST 2.0 reforms and rural demand - Storyboard18

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…