New Delhi, June 30 -- The automotive sector is expected to perform well in the coming years, especially in the two-wheeler (2W), tractor, and SUV segments, according to the Nuvama report.
Experts believe these categories will see high single-digit growth between FY25 and FY27, while growth in cars (passenger vehicles or PVs) and commercial vehicles (CVs) may remain slower.
June 2025 is likely to bring a mixed performance in vehicle sales. Two-wheeler and tractor sales are expected to benefit from strong rural demand and the ongoing marriage season.
This could result in high single-digit year-on-year (YoY) growth. However, PV and CV sales may remain muted, with a slight decline compared to last year.
Passenger vehicle sales are under p...
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