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.

Found this insight useful?

For more such insights, delivered daily in real-time for free, download the inChat app from the Play Store. Download Now!

Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.