Auto sales nos for Feb: Any surprise in store?

Updated - February 28, 2019 at 09:22 PM.

Sliding down During Q1, 2018 , car and UV segments reported a growth of 18 per cent and 23 per cent respectively. But in Q2, sales of cars and UVs fell two per cent and eight per cent respectively.

Automobile companies Maruti Suzuki, Tata Motors, Ashok Leyland, M&M, Bajaj Auto, Hero MotoCorp, Eicher Motors and TVS Motor will announce their February sales numbers on Friday. Most analysts expect the sales numbers to remain muted or dull due to selective financing by non-banking financial companies (on tight liquidity situation) and overall slowdown in the economy ahead of the general elections. However, positive surprise by any company could be rewarded well by market players.

Published on February 28, 2019 15:52