BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Passenger vehicle and commercial vehicle demand continues to remain on a recovery path, while two-wheeler demand stays weak. Tractor demand is also weak in a seasonally weak period.
Our interaction with leading industry channel partners reflects pessimism for two-wheelers. Passenger vehicle dealers reflect optimism on strong demand and improving supply from original equipment manufacturers. Medium and heavy commercial vehicles demand is benefiting from the rise in the construction activity.
Fear of the new Covid-19 variant (Omicron) has affected buying sentiment, mainly in the two-wheeler segment.
In December 2021, wholesale volumes are estimated to decline by 12% YoY for two-wheelers and tractors. Passenger vehicle volumes are estimated to grow by 7% YoY as semiconductor availability slowly improves.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.