During the Navratri festival, auto retail sales witnessed a robust recovery with growth ranging between 15-35% year-on-year (YoY) across passenger vehicle (PV) and two-wheeler (2W) segments.

Further, Dhanteras and Deepawali are set to deliver peak festive sales for both PVs and 2Ws.

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According to a report by Centrum Institutional Research, retail demand in the PV segment across dealerships grew between 15-22% YoY, led by major automakers including Maruti Suzuki India (MSIL), Tata Motors (TTMT), Honda Motor India (HMI), and Mahindra & Mahindra (M&M).

The report further said that the overall tone from dealers suggests that retail growth during Navratri stood in the range of approx. 15-35% YoY across PV and 2W. Dhanteras & Deepawali are expected to deliver peak festive sales.

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