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Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise prices

viaeconomictimes.indiatimes.com15 Oct
Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise prices
Luxury carmakers such as Mercedes-Benz, BMW, and Audi have increased vehicle prices after a GST cut. The price hikes are a response to rising input costs and a weakened rupee against major currencies. Despite this, luxury car sales in India are projected to grow by about 11% by 2026. This growth…

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