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The Economic Times
The Economic Times
Business

India's festive auto sales show mixed trends; two-wheelers outperform passenger vehicles: Jefferies

New Delhi: India's automobile sector witnessed mixed demand trends during the first 14 days of the festive season, with the two-wheeler segment outperforming passenger vehicles despite a high base, reflecting a stronger demand outlook for two-wheelers, according to a report by Jefferies.

"Auto registration data for first 14 days of festive shows a big divergence between 2Ws and PVs," Jefferies said.

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