According to Jefferies, for Q1FY20, volumes have been flat to sharply declining across all OEMs with a 20% decline for Tata Motors (standalone), Royal Enfield and Maruti, 12-14% decline across Hero, Ashok Leyland (MHCV) and M&M tractors, and flattish for Bajaj and TVS.
from The Financial ExpressThe Financial Express https://ift.tt/2NGOE6l
Monday, 8 July 2019
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Carmakers’ revenue growth to take big hit in Q1, says analysts
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