News > Auto sector sees resilient two-wheeler growth amidst mixed performance
Auto sector sees resilient two-wheeler growth amidst mixed performance
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27/06/2024 08:17 PM | Click to read full article
FY25 projections anticipate a growth rate of 11% for two-wheelers, 5% for both PVs and CVs, and 4% for tractors. Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to a report. Passenger vehicles (PVs) and commercial vehicles (CVs) are expected to see slight declines and tractor volumes are likely to remain flat.