The big challenge for the commercial vehicles segment will be to calibrate production and wholesale stock against retail demand, as in commercial vehicles (CVs) particularly it is a highly complex affair.
Across the board – with fleet operators and retail customers – company has seen an increase in interest in last 2 months and is optimistic that the trend will continue in Q4.
Company had expected much better volumes for Q4, but it is a starting point of correction in the overall market decline.
The biggest challenge will be from April month, where the customer will compare the transaction price of BS-IV after discount with a list price of BS-VI, and the resale value etc.This is where company has to take a different approach and give proof that BS-VI solutions offers advantage.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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