NIFTY 50

November auto sales numbers: Here’s what to expect

Updated : November 27, 2020 15:25:46 IST

November will be a strong one as far as auto sector is concerned. There are couple of reasons for that. One- the demand has been very good this festive season, there has been a huge bounce in the rural and semi-urban areas. The supply side constraints have been resolved and also there has been rise in personal mobility.

CNBC-TV18 poll is expecting 8.50 percent year-on-year (YoY) growth for Maruti at about 1.63 lakhs units.

Mahindra & Mahindra - there has been rise in the competition in the utility vehicle space and that will drag down their auto volumes, the pick of the pack will be the tractor space.

In the two-wheeler space expect 8 percent rise YoY in Bajaj Auto.

Watch this video for more.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you