BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

The Federation of Automobile Dealers Associations released monthly vehicle registration data for November 2020. Below are the key takeaways.

Vehicle registrations for November 2020 saw one of the best recovery rates since unlocking on account of better-than-expected festive demand and marriage season amid increased preference for personal mobility.

However, vehicle registrations continued to remain low on YoY basis for all the segments, barring tractors and passenger vehicles.

42-day festive period witnessed good traction and the overall decline of 4.7% YoY was much lower than expectations.

Click on the attachment to read the full report:

Nirmla Bang Automobile Retail Sales-November 2020-Monthly Sales Update-9 December 2020.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.



Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *