scorecardresearchAuto sales number broadly in-line; What's the road ahead for the sector?

Auto sales number broadly in-line; What's the road ahead for the sector?

Updated: 02 Jun 2022, 02:30 PM IST
TL;DR.
  • Analysts and brokerage firms pointed out that easing semiconductor supplies helped PV retail sales and CVs continue growing on improving economic activities and high capacity utilization. The 2Ws segment is yet to recover amid high cost of ownership.
In May, all major OEMs witnessed sequential improvement in volumes supported by positive sentiments and marginal improvement in component supplies. Photo: Reuters

In May, all major OEMs witnessed sequential improvement in volumes supported by positive sentiments and marginal improvement in component supplies. Photo: Reuters