Positive momentum in PV sales; 2-wheelers yet to pick up: Sources

The passenger vehicle (PV) sales saw positive momentum during Diwali, but two wheeler sales, especially entry level motorcycles are yet to see a pick up.

PV sales between Dhanteras to Diwali are matching last year's sales during this period, according to auto industry sources.

The 100cc segment for two-wheelers did not see a demand pick up during the last 5 days, and sales in the 2-wheeler segment continue to be a challenge, sources said.

Some 2-wheeler makers have increased discounts to reduce the inventory of unsold stock.