Mahindra and Mahindra, Maruti Suzuki Bajaj Auto, Escorts Kubota, Toyota Kirloskar and Ashok Leyland present November 2022 sales data. Please check here for more information.
The Indian car company is set to release sales data for November 2022. Nomura expects wholesale volume growth to be strong on a strong base and restructuring of inventories, the brokerage said.
Meanwhile, brokerage firm Emkay Global Financial Services expects domestic passenger car sales to rise more than 30% year-on-year in November. This growth was primarily due to high volume orders and an increase in vehicle production.
Below are updates from some of India’s leading automakers.
bajaj eut
The company reports a 30% drop in total exports. The automaker’s total monthly sales fell 22% from his 3.95 million units sold in October 2022. 36 percent on a monthly basis.
Escorts Kubota reported total tractor sales of 7,960 units in November. Sales increased he 12% from 7,116 units in the same period last year.
Sales were down more than 45% month-over-month.
(This is a copy of the live update, updated with details)
First published: IST