** Indian automakers NSE:CNXAUTO post strong growth in October sales to dealers
** UBS says tax cuts, festive season boosted demand in October, with passenger vehicle sales jumping 11% y/y, two-wheeler sales surging 52% y/y
** Adds premiumisation trends in 2-wheeler segment accelerated post GST cuts, with Royal Enfield-maker Eicher Motors NSE:EICHERMOT, Honda taking away market share from Hero MotoCorp NSE:HEROMOTOCO, Bajaj Auto NSE:BAJAJ_AUTO
** CLSA says pent-up demand in October due to buyers delaying purchases from mid-August till September, when lower taxes took effect
** Echoes carmakers' optimism on expectations of strong volume growth in small cars, entry-level motorcycles in H2 FY26
** Market leader Maruti Suzuki India NSE:MARUTI expects small cars sales to grow faster than SUV sales on tax cuts
** NIFTYAUTO up 11% since tax cuts first announced in August