New Delhi, May 1 -- India's auto retail market in April saw broad-based strength across key segments, including two-wheelers, passenger vehicles, and commercial vehicles, noted a report by Goldman Sachs.
According to the report, two-wheeler (2W) volumes rose 14 per cent year-on-year in April, outperforming passenger vehicles (cars), which grew 11 per cent during the same period. On a three-month rolling basis, growth remained robust at 23 per cent for 2Ws and 22 per cent for cars, indicating sustained demand momentum.
The report noted that commercial vehicle (CV) volumes also recorded healthy growth of 17 per cent year-on-year, with light commercial vehicles (LCVs) rising 22 per cent and medium and heavy commercial vehicles (MHCVs) incr...
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