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GST cut to uplift demands for 2-wheelers and PVs: Crisil

GST cut to uplift demands for 2-wheelers and PVs: Crisil

by AIP Online Bureau | Sep 5, 2025 | Data, Eco/Invest/Demography, Policy

“With the GST cut fully passed on, vehicle prices are expected to drop 5-10 per cent (Rs 30,000–60,000 on small PVs; Rs 3,000–7,000 on two-wheelers),” said Anuj Sethi, Senior Director, Crisil Ratings. New Delhi: Two-wheelers and passenger vehicles (PVs), which...
ICRA cuts domestic PV wholesale growth forecast to 1-4 pc for FY26

ICRA cuts domestic PV wholesale growth forecast to 1-4 pc for FY26

by AIP Online Bureau | Jun 26, 2025 | Data, Eco/Invest/Demography

The downward revision is “led by concerns regarding high inventory levels and supply shortage of critical components such as rare earth magnets, induced production constraints, especially for electric vehicles,” ICRA said in a statement. New Delhi: Ratings...
Passenger vehicle wholesales marginally down at 3,44,656 units in May: SIAM

Passenger vehicle wholesales marginally down at 3,44,656 units in May: SIAM

by AIP Online Bureau | Jun 17, 2025 | Data, Eco/Invest/Demography, Non-Life

Total vehicle wholesales across categories were up 1.8 per cent at 20,12,969 units as against 19,76,674 units in May last year, it added. Domestic passenger vehicle wholesales were marginally down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492...
ICRA cuts domestic PV wholesale growth forecast to 1-4 pc for FY26

Passenger vehicle dispatches rise 4 pc, two-wheelers see 17 pc dip in April: SIAM

by AIP Online Bureau | May 15, 2025 | Data, Eco/Invest/Demography, Non-Life, Regulation

SIAM Director General Rajesh Menon stated that the auto industry smoothly transitioned to the new regulatory regime of second stage of On-Board Diagnostics (OBD) 2 regulation for two- and three-wheelers from April 2025 onwards, in addition to rolling out E-20...

Domestic PV wholesales dips 2.5 pc at 3,41,510 units in July: SIAM

by AIP Online Bureau | Aug 14, 2024 | Data, Eco/Invest/Demography, Non-Life

“Though three-wheeler and two-wheeler segments are performing well, there has been some de-growth of passenger vehicles and commercial vehicles in July 2024, compared to July 2023,” SIAM President Vinod Aggarwal said in a statement. New Delhi: Passenger...
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