Investec Investec India

Auto Series: Kick-Starting in a post COVID world

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For the past three months auto sales have been negligible, with volumes improving gradually month-on-month. With the country now opening up, people, aware of social distancing norms, are shifting gears to buy their private vehicles. If a recent auto survey is to be believed, auto sales are going to pick up pace post the lockdown, though there could be higher demand for cheaper pre-owned cars. At the budget end, two-wheelers are also expected to witness better demand with more Indians preferring to commute two-wheelers over public transport. Aditya Jhawar, Auto Analyst, Investec India hosted Yadvinder Singh Guleria, Director - Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) to discuss the recent trends in two wheelers, recovery timeline for the sector and the launch of separate channel for premium bikes in India.
24 Jun 2020 English South Africa Business · Investing

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