Entry-level cars, commuter bikes and CVs buckle in early May as premium segments hold firm
India's auto retail grew 7.8% YoY May 1-24, but the headline masks a K-shaped split: brokerages flag stress in small cars, commuter two-wheelers and CVs from fuel and ownership costs, while SUVs, EVs, hybrids and CNG stay resilient. Discounts climb, inventory builds ~61,000 units.
Brokerages flag uneven Indian auto demand in early May: entry-level cars, commuter two-wheelers and CVs face stress from fuel inflation and ownership costs, while premium SUVs, EVs, hybrids and CNG vehicles remain resilient. Discounts rising, inventory building.