04-08-2012, 01:00 PM
Auto industry analysis
Auto industry.ppt (Size: 223.5 KB / Downloads: 35)
Analysis of current scenario
High interest rates, high domestic oil prices and
inadequate vehicle financing have continued to affect
the overall automobiles sector
The current slowdown in economic growth and
automobiles industry has further deteriorated due to the
global financial market crisis which has created
volatility in stock markets and exchange rates and
aggravated lack of liquidity
Automobile companies are reducing production by shutting plants for a few days to avoid inventory build-up and in anticipation of seeing further downside
Four wheeler industry performance
Volumes plummeted 23.6% to 100k in Nov’08, led by a 21.2% decline in volumes of A2 segment (55% of domestic market) to 61k units
The overall industry de-grew by 8.1% to135k units in Nov’08.