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November Auto Sales Live: Bajaj Auto Total Sales Rises 8%; Escorts Kubota Exports Up 87%

Track live updates on latest November auto sales release from major automobile manufacturers here.

Pratiksha Thayil

The latest auto numbers for November have started to roll in with SML Mahindra seeing a huge surge in sales. (Source: NDTV Profit)

November was a crucial month to gauge the health of automobile sector, as a dip in sales was expected following the high festive demand seen in the preceding month. However, estimates suggest that the momentum has been sustained in November, likely due to the consumption boost powered by the reduction in goods and services tax. Stay with us as we update you on the latest numbers.

November Auto Sales Live: Escorts Kubota Sales Surges 18%

Escorts Kubota November Sales (YoY)

  • Tractor Sales At 10,580 Units Vs NDTV Profit Estimate Of 9,750 Units

  • Total sales rise 17.9% to 10,580 units.

  • Domestic sales rise 15.9% to 10,122 units.

  • Exports up 87.7% at 458 units.

Source: Exchange Filing

November Auto Sales Live: Bajaj Auto Total Sales Rises 8%

Bajaj Auto November Sales (YoY)

  • Total Exports rises 14% to 2.06 lakh units.

  • Total CV sales up 37% at 73,559 units.

  • Total two-wheeler sales rises 3% at 3.8 lakh units.

  • Total Sales jumps 8% to 4.53 lakh units.

  • Two-wheeler sales at 3.8 lakh units versus NDTV Profit estimate of 3.73 lakh units.

Source: Exchange Filing

November Auto Sales Live: How Will Commercial Vehicles Perform?

The commercial vehicles segment is expected post a surprise this month, based on brokerage estimates and channel checks. Some of the key reasons seen behind this is upward momentum post GST cuts, and a pickup in fleet utilisation for operators.

November Auto Sales Live: SML Mahindra PV Sales More Than Doubles

Good morning. The latest auto numbers for November have started to roll in with SML Mahindra seeing a huge surge in sales.

SML Mahindra November Sales (YoY)

  • Total sales rise 102% to 1,087 units.

  • PV sales rise 116% to 658 units.

  • Cargo vehicle sales jump 83% to 429 units.

Source: Exchange Filing

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WRITTEN BY
Pratiksha Thayil
Pratiksha covers markets and business news at NDTV Profit. She has a keen i... more
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