India Autos Q1 2021

India Autos Q1 2021

Key View:

We believe that India's vehicle sales will face another tough year in FY2020/21 (April-March) as the country's economicoutlook deteriorates, conflict risk with China escalates and the Covid-19 containment measures put vehicle sales on the back footand we believe that they will remain weak throughout the rest of the year. Furthermore, the economic and social impact of Covid-19will continue to weigh down the demand for vehicles from both consumers and businesses as they opt to secure their financialhealth overspending on large assets such as vehicles. Lastly, we also highlight that India's new emission norm, the Bharat Stage-VI(BS-VI), came into effect on April 1 2020. This will see the cost of new vehicles increase due to the higher production and R&D costto make the new vehicles compliant.

Key View
Autos SWOT
Industry Forecast
Industry Forecast Scenario
Passenger Vehicles
Commercial Vehicles
Electric Vehicles
Industry Risk/Reward Index
Asia Autos Production: Strong Growth Outlook Helps India And Thailand Climb The Ranks
Asia Autos Sales: South Korea Displaces Japan As Most Attractive Vehicle Sales Market In Region
India Autos Production Risk/Reward Index
India Autos Sales Risk/Reward Index
Company Profile
Hyundai Motor India
Maruti Suzuki
Tata Motors
Regional Overview
Autos Investment Round-Up: Government-Driven Policies Are Attracting Investment Into Asia
India Demographic Outlook
Autos Methodology

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