Auto retail to post double-digit growth in June 2026 on 2W, PV strength: Yes Securities
Yes Securities projects healthy retail growth for two-wheelers and passenger vehicles in June 2026, aided by a favourable base and new launches. EV inquiries and bookings up 15-20%, tractor volumes up 23-24% YoY despite price hikes of ₹12-12.5k/unit and subsidy withdrawal. MoM dip of 2-3% expected.
Yes Securities report projects healthy double-digit retail growth for two-wheelers and passenger vehicles in June 2026 on favourable base and new launches; EV demand strong, tractor volumes stable amid price hikes and subsidy withdrawal.
Why this matters
Yes Securities' June 2026 outlook signals continued momentum across two-wheelers, passenger vehicles and tractors, with EV demand accelerating even as subsidies are withdrawn and tractor prices rise.
Retail-company theme steady at 4,025 signals over the trailing 90 days.
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