ICICI Direct
India's automotive OEMs posted healthy volume prints for December 2025. It was primarily driven by sustained demand momentum led by GST rate cuts, which lowered the vehicle prices. CV & Tractor segment outperformed peers for Dec'25. CV space reported healthy volume prints with continued recovery visible across the M&HCV & LCV segments. M&M set the bar high, outperforming in the PV space while continuing with its dominance in Tractor segment. TVS motors continued to perform well in the 2W domain while Ashok Leyland outperformed in the CV space....
Axis Direct released a Sector Update report for Automobiles & Auto Components on 08 Jan, 2026.
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