Government tax relief boosts optimism for strong demand in the two-wheeler industry, with mixed domestic volume performance but strong export growth for Bajaj Auto, TVS Motor, and Eicher Motors.
What is covered in the Full Insight:
Introduction
Domestic Sales Performance
Export Sales Performance
Individual Company Performance
Outlook and Catalysts
Boomeranged on Wed, 12 Feb 2025 05:30
Retail Sales Update:
Federation of Automobile Dealers Associations(FADA)’s Jan'25 update shows a 4.15% YoY and 27.39% MoM rise in two-wheeler industry, driven by:
a) New models,
b) Marriage season and
c) Easier financing
Urban market share rose from 41.6% in Dec'24 to 43.7% in Jan'25. A dealer survey shows 46% expect growth, 43% foresee stability, and 11% predict a drop.
SUMMARY
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