May'25 auto retail saw a modest 5% YoY growth, driven by 2W, 3W, and Tractors. PV, CE, and CV declined. While rural demand boosted 2W, financing issues and subdued sentiment hampered PV & CV sales, pointing to cautious optimism for June.

• 2W sales up 7.3% YoY, fueled by rural demand.
• PV & CV sales declined due to financing & sentiment.
• Inventory levels are rising, particularly in the PV segment.