AUTO ORIGINAL EQUIPMENT manufacturers (OEMs) are expected to deliver just 6% y-o-y volume growth in Q3FY25E despite the festive season. While two-wheeler (2W) demand turned weak in Q3, passenger vehicle (PV) OEMs saw a better demand uptick, especially in the festive season. Tractor demand saw a marked revival in Q3, a clear indicator of improving rural sentiment. However, commercial vehicles continued to see weak demand.
This story is from the January 07, 2025 edition of Financial Express Chandigarh.
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This story is from the January 07, 2025 edition of Financial Express Chandigarh.
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