
A reduction in the Goods and Services Tax (GST) has significantly boosted sales of entry-level cars and motorcycles in India over the past two months. Models like Maruti Suzuki's Alto and S-Presso, and Hero MotoCorp's HF Deluxe, have seen a marked improvement, reversing previous declines. This trend challenges the expectation that tax cuts would solely drive premiumization, instead indicating a resurgence in demand for more affordable vehicles.
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