New Delhi, April 3 -- Wholesale volume prints for the month of March 2026 came in healthy, as passenger vehicle (PV) & Tractor space outperformed. A steady growth trend was witnessed in the two-wheeler (2W) and commercial vehicle (CV) space.

"OEM wholesale sales volume for March 2026 came in healthy with PV & Tractors segments outperforming peers," according to an ICICI Direct Research report. It further noted that "FY26 ends on a high note with healthy growth across all vehicle categories making a new high in terms of total vehicles dispatched in a fiscal year," marking an increase of approximately 10 per cent year-on-year (YoY).

This performance was primarily driven by positive demand traction amidst tailwinds from the GST 2.0 rate cu...