Passenger Vehicle sales likely to post 20% YoY growth in September, tractor volumes may fall: Nuvama
New Delhi, Sept. 30 -- Passenger vehicle (PV) sales in the domestic market are likely to register robust growth of around 20 per cent year-on-year in September, supported by better affordability, new product launches, adequate financing availability and inventory build-up with dealers, according to a Nuvama report.
The report expects wholesale growth to continue in September 2026, with passenger vehicle and commercial vehicle volumes likely to grow in double digits year-on-year. Exports are also expected to remain positive for most original equipment manufacturers (OEMs), led by growth across Africa, Latin America and Asia.
It stated, "PV industry volumes likely to log robust double-digit growth in Sep-26 (approx. 20 per cent YoY in dom...
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