▲ Bullish for Indian equities
Two-wheelers, commercial vehicles set to outperform passenger cars in FY27: Report
The brief
- Two-wheelers and commercial vehicles are expected to outperform passenger cars in FY27
- India’s auto industry, excluding tractors, is showing steady growth
- Stronger two-wheeler and commercial-vehicle demand would benefit Indian automakers in those segments
- Weak monsoon weighs on rural demand; September tractor sales fall at M&M and Escorts Kubota
- Two tractor stocks: Escorts Kubota shares fall 6%; VST Tillers shares rally 5% after September sales
- Mahindra tractor sales fall 21% in September, but trucks and buses sales rise 53%
- Switch Mobility wins Delhi order for 840 electric buses under PM E-Drive
- Trump admin to roll out lower fuel economy standards for cars, light trucks