Auto Wholesales Recovery Trend Sustaining In December, Says Motilal Oswal
Newly manufactured automobiles sit on the dockside. (Photographer: Angel Garcia/Bloomberg)

Auto Wholesales Recovery Trend Sustaining In December, Says 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

Current demand momentum and low inventory in passenger vehicle/tractor suggest stronger wholesales in the coming months.

Two-wheelers original equipment manufacturers, on the other hand, are expected to maintain a cautious stance, with no major inventory push. Commercial vehicle is expected to see sustained growth hereafter.

With pent-up demand largely fulfilled, it would be critical for demand to sustain in Q4 FY21 and beyond, considering the expected price hikes as well as opening up of public transport in many parts of the globe.

Click on the attachment to read the full report:

Motilal Oswal Auto Sector Update.pdf


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