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GST 2.0 rollout, festive demand drive record two-wheeler sales in Oct to 1.85 million; highest this year

GST 2.0 rollout, festive demand drive record two-wheeler sales in Oct to 1.85 million; highest this year

by AIP Online Bureau | Oct 26, 2025 | Data, Eco/Invest/Demography, Non-Life

Industry officials said the government’s move to reduce GST on motorcycles up to 350cc from 28 per cent to 18 per cent under the GST 2.0 framework has significantly lowered prices, encouraging more buyers to make purchases ahead of Diwali. New Delhi: The rollout of...
India’s passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery in H2 FY2026: SIAM

India’s passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery in H2 FY2026: SIAM

by AIP Online Bureau | Jul 16, 2025 | Data, Eco/Invest/Demography, Non-Life

The report also highlights that the passenger vehicle segment crossed a milestone of 1 million mark in Q1 of 2025-26, specifically 1.01 million units. This is the 2nd time in a row in Q1 in the last 2 years that the sales for passenger vehicles crossed the 1 million...
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...
GST 2.0 rollout, festive demand drive record two-wheeler sales in Oct to 1.85 million; highest this year

India to surpass China this year to become the world’s largest two-wheeler market

by AIP Online Bureau | Aug 10, 2024 | Data, Eco/Invest/Demography, Policy

Going forward, it is the electric two-wheeler (E2W) segment of the market that will see more growth, with over a quarter of 2Ws sold in 2024 expected to be battery-powered New Delhi: India is projected to surpass China this year to become the world’s largest...

Domestic passenger vehicle sales rise 4% in May to 347,492 units: SIAM

by AIP Online Bureau | Jun 11, 2024 | Data, Eco/Invest/Demography, Non-Life

Moreover, the two-wheeler segment saw a notable 10% rise in sales, reaching 16,20,084 units in May, compared to 14,71,550 units in the same period last year New Delhi: India’s passenger vehicle wholesales experienced a 4% year-on-year growth in May 2023,...
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