November 2021 Auto Sales Data: Forecast - Will automobile sector benefit from festive season demand?

Automobile sales data for the month of November 2021 is all set to be released tomorrow. Ahead of the
November 2021 Auto Sales Data release, Senior Research Analyst at Zee Business, Kushal Gupta predicts about the estimates of vehicle sales of different manufacturers amid festive season demand and shortage of auto chips.

Predicting the estimates fo auto sales data for Nov 2021, Kushal Gupta said, "Commercial Vehicles (CVs) segment is expected to outperform as compared to other auto segments."  Gupta adds, "In terms of Passengers Vehicles (PVs), performances of Tata Motors and Mahindra & Mahindra are expected to be on the better side."

"It is expected that despite the festive season demand, 2-wheeler sales are expected to be under pressure. Also, tractors sales data is expected to be on the lower side,"  Kushal Gupta said.

According to the auto sales estimation by Kushal Gupta:-

Maruti: -6%

M&M: 14%

Tata Motors: 49%

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— Zee Business (@ZeeBusiness) November 30, 2021