Carmakers’ revenue growth to take big hit in Q1, says analysts

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