Vehicle financiers are in focus after the September auto sales figures, passenger vehicle (PV) sales are weak, impacted by chip shortage but commercial vehicle (CV) makers have seen year-on-year (YoY) growth led by higher freight costs. Umesh Revankar, managing director at Shriram Transport Finance Company, discussed the outlook.Also Read: Tata Motors in talks to buy Ford plants: ReportHe sees good festive demand.“We see the festive demand looking good, the second half of the year should be very good. Our Q2 numbers are also good, the disbursements were higher than Q1, and Q3 and Q4 should be very good because the pipeline looks quite long and there is demand for different kind of vehicles altogether. There is a big demand coming in for CNG vehicles even in the LCVs,” he said.The collections have been very good and it will continue to remain very robust, he noted.Also Read: Motherson Sumi Systems acquires 60% stake in Chinese company“Collections have been very good especially during the last quarter, every month we have been collecting around 98-99 percent, so almost 99 percent collection for the last three months. I think the collections will continue to remain very robust because the vehicle movements are good and the freight rates have also improved,” he explained.For the full interview, watch the accompanying video.Catch all live stock market action here.