Two-wheelers, CVs better placed than passenger vehicles amid commodity pressures: Report

Indias two-wheeler and commercial vehicle segments are expected to outperform passenger vehicles amid strong demand supported by better pricing flexibility even as commodity cost pressures rise and new passenger vehicle launches remain limited in FY27 as per a report by Emkay The report noted that Indias auto industry excluding tractors recorded steady growth with select original equipment manufacturers OEMs outperforming across segments Commercial vehicle CV and passenger vehicle PV growth remained broad-based while retail momentum remained strong across segments