Will the Festive Season Be a Game Changer for the Auto Sector? Experts Weigh in
2 months ago

Will the Festive Season Be a Game Changer for the Auto Sector? Experts Weigh in

Live Mint  

The festive season is expected to be a game-changer for the Indian auto industry, with select segments poised for growth. Two-wheeler, three-wheeler, and tractor segments are expected to thrive, driven by favourable base, improving rural demand, and favorable weather conditions. However, passenger vehicle sales may remain subdued due to consumer caution and economic factors. The overall outlook is mixed, with some segments expected to gain momentum, while others may face challenges. The festive season could provide a much-needed boost, particularly in rural markets.

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Will the Festive Season Be a Game Changer for the Auto Sector? Experts Weigh in
Trending News
2 months ago

Will the Festive Season Be a Game Changer for the Auto Sector? Experts Weigh in

Live Mint  

The upcoming festive season is expected to be a game-changer for the Indian auto industry, with select segments poised for growth. Two-wheeler and tractor sales are expected to thrive, driven by favourable base and improving rural demand. However, passenger vehicle (PV) sales may remain subdued due to consumer caution and economic factors. The industry is returning to pre-pandemic levels, with …

Diwali 2023: Will the upcoming festive season be a game changer for auto space?
1 year, 1 month ago

Diwali 2023: Will the upcoming festive season be a game changer for auto space?

Live Mint  

The auto space is back in the game. The Nifty Auto index has jumped over 28 percent in 2023 YTD, giving positive returns in 7 of the 11 months so far this year. Stocks On a YTD basis, all constituents in the Nifty Auto index gave positive returns with Tata Motors jumping the most, up 66.5 percent, followed by Bajaj …

Real Estate To See Bumper Discounts This Diwali? Festive Charm For Housing Sector, Check Report
1 year, 1 month ago

Real Estate To See Bumper Discounts This Diwali? Festive Charm For Housing Sector, Check Report

News 18  

The Indian residential real estate market is typically an interplay of two fundamental factors. Colliers India, in its latest assessment of the Indian real estate sector said that the fourth quarter of October-December, especially festive offerings by developers and banks & financial institutions, are quite synonymous. It added that ultimately, the festive season provides the one last thrust to residential …

Festive shopping sees an upswing after two years this Diwali
2 years, 2 months ago

Festive shopping sees an upswing after two years this Diwali

Hindustan Times  

Mumbai After the pandemic-induced lull of the past two years, this festive season has seen an increase in sales from gold to dry fruit and even homes, industry bodies said. Gold sales are especially high this year, said Kumar Jain, the spokesperson for India Bullion and Jewellers Association, adding that sales may double the usual numbers and reach up to …

Data Point | After two years, people are actually “celebrating” a festival season
2 years, 2 months ago

Data Point | After two years, people are actually “celebrating” a festival season

The Hindu  

Two years since the pandemic outbreak, consumers are “revenge shopping” and travelling more this year The beginning of autumn in India also marks the beginning of the festival season. Data from the Federation of Automobile Dealers Associations of India shows that after two uninspiring festival seasons, vehicle sales in the 2022 season have exceeded the pre-pandemic levels. The data point …

No bumper offers on new cars this festive season
2 years, 3 months ago

No bumper offers on new cars this festive season

The Hindu  

Buyers looking for exciting discounts and offers on purchase of new automobiles during the festival season this year are likely to be disappointed as demand for new cars is anticipated to exceed their supply. The industry expects limited discounts and offers, that too largely for vehicles seeing low demand, such as in the entry-level hatchback segment, with waiting periods for …

Auto dealers' body expects more vehicle launches this festive season. Here's why
2 years, 5 months ago

Auto dealers' body expects more vehicle launches this festive season. Here's why

Hindustan Times  

Auto dealers' body FADA said it expects automakers to launch higher number of models this festive season compared to the last two years when Covid-19 pandemic overshadowed the festive cheer. Auto dealers' body FADA said it expects automakers to launch higher number of models this festive season Federation of Automobile Dealers' Association president Vinkesh Gulati had termed 2021 festive season …

Automobile sales during 2021 festive season the ‘worst’ in a decade, says dealer body FADA
3 years, 1 month ago

Automobile sales during 2021 festive season the ‘worst’ in a decade, says dealer body FADA

Firstpost  

Automobile dealers’ body FADA on Tuesday termed the current festive season as the worst in terms of business in a decade for its retail partners across the country. The industry body, which represents over 15,000 auto dealers that own over 26,500 outlets across the country, said the chip shortage situation has impacted offtake in the passenger vehicle segment. FADA President …

Here are some of analysts’ top stock picks for Diwali
4 years, 1 month ago

Here are some of analysts’ top stock picks for Diwali

Live Mint  

As India prepares to celebrate its Diwali festival this weekend, stock brokers see growing signs of an economic recovery from the pandemic as reason to cheer and advise investors to buy cyclical stocks. “With economic activity recovering fast, more earnings upgrades cannot be ruled out,” according to Motilal Oswal Financial Services Ltd. in a note. “Strong global markets can keep …

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