Chennai
According to data obtained from the State Transport Authority (STA), the city imported only six (3 in 2016-17 and 3 in 2017-18) high-end vehicles (bikes and cars) in the last two years. During the same period, rest of TN registered 8 and 27 imported bikes and cars respectively.
Following demonetisation and introduction of GST, the state has merely registered 14 imported cars with the Regional Transport Offices (RTO) between 2016 and 2018 while the city has registered only two cars under this category. The State imported the highest number of two and four-wheelers (99 vehicles) in 2013-14 of which Chennai region alone had imported 27 imported bikes and cars. Similarly, the State had imported the maximum number of luxury bikes (65) between 2013-14 of which, the city had registered 13 higher-end bikes. “When compared to last year, the market has slowed down. This year we registered a drop of 10-20 per cent.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android