Automobiles Sector Check - Sales Continued To Face Headwinds In November: CareEdge Analysis

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..CareEdge Research Report.The Indian automobile industry is facing headwinds like semi-conductor shortage, fear of spread of third wave of Covid-19 and steep increase in commodity prices. The domestic automobile industry continued to grapple during November 2021 with the decline in sales by 30.6% on a YoY basis led by two-wheelers.One of the main reasons that the industry continues to face headwinds is the global shortage of semi-conductors that has crippled the supply chain. This in conjunction with the floods in southern parts of the country, rise in input as well as fuel costs and relentless rains across various parts of the country have further restricted the recovery in growth during this period..Click on the attachment to read the full report:.DISCLAIMERThis 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 author entity 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.

Automobiles Sector Check - Sales Continued To Face Headwinds In November: CareEdge Analysis

Automobiles Sector Check - Sales Continued To Face Headwinds In November: CareEdge Analysis

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