Auto Sector Update - Retail, Inquiries, Bookings Reflect Sustained Optimism: Motilal Oswal  
A sales assistant shows a car to a customer. (Image: Photographer: Graham Crouch/Bloomberg)

Auto Sector Update - Retail, Inquiries, Bookings Reflect Sustained Optimism: Motilal Oswal  

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

Demand in December 2020 is better than last year. Discounts currently stand approximately 50% as compared to last year.

Inventory is lower than normal for passenger vehicles and tractors, leaving headroom for higher inventory filling in the coming months.

Wholesales are expected to grow on a low base in Dec-20, catering to the spillover demand from the festive season and inventory refilling (for passenger vehicles and tractors).

Our interaction with leading industry channel partners reflects optimism.

Click on the attachment to read the full report:

Motilal Oswal Automobiles Sector Update.pdf

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