SUVs, Small cars demand may shoot up ahead of GST


As the rates concluded for small passenger vehicles under GST in the earlier week looks marginally higher at the first glance as against the existing bundle of taxes levied on it, the industry experts are pointing towards a spike in the sales of small cars and SUVs ahead of the GST.

Although the automaker lobby is not certain about the GST impact, it expects a spike sought after for little traveler vehicles and SUV’s too, in the coming couple of weeks.

Be that as it may, substantial vehicles may witness deferrals in the buy as the GST administration is probably going to diminish costs in such segments.

As announced by a leading media , a senior Hyundai Motor India official has said that the request and footfalls have shot up including that the shoppers will decide on buy at the best value point.