Auto sector to report strong growth with PV and CV volumes expanding over 20% YoY in July: Nuvama Report
New Delhi, July 29 -- Domestic automobile wholesales are expected to sustain their upward trajectory in July 2026, with passenger vehicle (PV) and commercial vehicle (CV) volumes likely to expand by over 20 per cent year-on-year (YoY), according to a report by Nuvama.
The PV segment is anticipated to register robust double-digit growth, expanding by over 25 per cent YoY in the domestic market during July 2026.
Simultaneously, CV industry volumes are projected to post double-digit expansion exceeding 20 per cent YoY in the domestic market for the month.
Industry demand continues to receive support from improved affordability, new product introductions, and adequate financing availability across retail channels.
Detailing the near-term ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.