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ICICI Securities: Automobiles - Retail, Mobility Rebound Remains Tepid

While tractor sales saw a V-shaped recovery, PV sales were muted and CV sales were the worst in August 2020, ICICI Securities says

A customer sits next to a Tata Motors Ltd. Nano automobile at a dealership in New Delhi, India (Photographer Sanjit Das/Bloomberg)
A customer sits next to a Tata Motors Ltd. Nano automobile at a dealership in New Delhi, India (Photographer Sanjit Das/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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