Auto Wholesale Dispatches Rise Amid Year End Push, Says ICICI Securities  
Rows of SUV are parked in a stock yard in Maharashtra, India (Photographer Kuni Takahashi/Bloomberg)

Auto Wholesale Dispatches Rise Amid Year End Push, Says ICICI Securities  

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.

ICICI Securities Report

Post the softening of wholesales in November 2020 dispatches due to inventory buildup from lower than expected festive sales, original equipment manufacturers planned a year end push of dispatches prior to sticker price increases in January 2021.

The onset of new CY21 is likely to be good test of consumer sentiment amid a potential mid-single digit price increases across segments in wake of higher input costs. Urban demand could be key to growth.

Click on the attachment to read the full report:

ICICI Securities Auto Wholesale Monthly Volumes.pdf

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