New Delhi [India], September 30 (ANI): The automobile sector is expected to record strong year-on-year growth in sales across all segments in September, supported by festive demand and positive customer sentiment, according to a report by Nuvama Research.
The report highlighted that wholesales of tractors, two-wheelers (2Ws), passenger vehicles (PVs) and commercial vehicles (CVs) are likely to show upward momentum in September 2025, led by strong festive sales that began from September 22.
It stated "We expect upward YoY momentum in Sep-25 wholesales across tractors, 2Ws, PVs and CVs led by strong growth in festive sales from 22nd September".
The report added that the customer sentiment has received a significant boost from the recent cuts in the Goods and Services Tax (GST).
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