New Delhi, July 4 -- The domestic automobile industry is expected to continue witnessing strong export growth across two-wheelers (2W), commercial vehicles (CV), and passenger vehicles (PV), while domestic sales are likely to remain show a mixed bag, according to a report by Axis Securities.
In June 2025, the report stated that the overall domestic two-wheeler (2W) industry recorded a marginal 2 per cent uptick in wholesale volumes.
This was largely driven by a robust 35 per cent year-on-year (YoY) growth in exports. However, domestic 2W volumes declined 3 per cent YoY, indicating a divergence between export and domestic market performance.
It stated, "Continue to See Exports Growth in 2W/CV/PV; Domestic a Mixed Bag Jun'25 Wholesale Vo...
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