Analysts attributed the uptick in two-wheeler sales to festive demand and aggressive financing, with a focus on urban markets amid a gradual recovery in rural regions.
For passenger vehicles, the slowdown in entry-level cars weighed on the overall sales in the segment, despite the strong momentum in SUVs.
Retails are expected to have remained flat during the Navratris due to weakness in lower-end segments, despite the execution of the order book and stable demand for high-end…
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