New Delhi, Aug. 26 -- South India outperformed the Northern region across all major automobile segments in the first quarter of FY27, with broad-based demand growth supported by GST revisions and regional consumption patterns, according to a Kotak Institutional Equities report.

The report identified three key trends: strong demand across segments and regions following GST cuts, relatively stronger performance in the South and weaker growth in the North, and a continued shift towards scooters driven by electrification, ANI reported.

Passenger Vehicles, Two-Wheelers See Strong Growth

Passenger vehicle volumes rose 25 per cent year-on-year (YoY) in Q1FY27. Southern and Eastern markets recorded growth of 35 per cent and 29 per cent, respec...