August Auto Sales Preview: Here's what to expect from Maruti, Tata Motors & others
ETMarkets.com |
1/11
Crytal Gazing
According to brokerage Anand Rathi, the August 2023 2W wholesales are likely to have declined due to a later festival period and slow inventory ramp-up. Passenger vehicle (PV) volumes are likely to have grown only slightly YoY. Commercial vehicles are likely to have grown in mid-single digits, supported by healthy freight activity/infra and a production ramp-up. Tractors are likely to have been flattish.
2/11
Maruti Suzuki
-Aug 2023 sales estimate: 1,74,000 units
-YoY Change: 5%
-MoM Change: -4%
-YoY Change: 5%
-MoM Change: -4%
3/11
M&M (Auto + Farm)
-Aug 2023 sales estimate: 87,000 units
-YoY Change: 8%
-MoM Change: -5%
-YoY Change: 8%
-MoM Change: -5%
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4/11
Tata Motors
-Aug 2023 sales estimate: 78,500 units
-YoY Change: 3%
-MoM Change: -0.38%
-YoY Change: 3%
-MoM Change: -0.38%
5/11
Ashok Leyland
-Aug 2023 sales estimate: 23,800 units -YoY Change: 9% -MoM Change: -1%
6/11
Eicher Motors CVs
Aug 2023 sales estimate: 6,000 units
-YoY Change: 20%
-MoM Change: 2%
-YoY Change: 20%
-MoM Change: 2%
7/11
Eicher Motors - Royal Enfield
-Aug 2023 sales estimate: 7,350 units
-YoY Change: 5%
-MoM Change: 1%
-YoY Change: 5%
-MoM Change: 1%
8/11
Bajaj Auto
-Aug 2023 sales estimate: 3,50,000 units
-YoY Change: -13%
-MoM Change: 9%
-YoY Change: -13%
-MoM Change: 9%
9/11
Hero MotoCorp
-Aug 2023 sales estimate: 4,18,000 units
-YoY Change: -10%
-MoM Change: 7%
-YoY Change: -10%
-MoM Change: 7%
10/11
TVS Motors
-Aug 2023 sales estimate: 3,52,000 units
-YoY Change: 5%
-MoM Change: 8%
-YoY Change: 5%
-MoM Change: 8%
