In fact, auto stocks were driven higher by the Maruti surge on Tuesday. Maruti announced that it will be going ahead with its sales network expansion despite the slowdown in the auto sector. This was seen as a vote of confidence for the auto sector in India. This not only drove up Maruti prices but also the price of all auto stocks. Autos stocks like Maruti had also lost nearly 45% of their value over the last few months since the crisis started. This had made the stock more attractive in valuation terms which explain the sharp rise in the stock at lower levels. After all, Maruti still has a clear leadership position in the passenger car segment in most of the segments.