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...
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...
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...
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...
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,...