New Delhi, Nov. 28 -- Domestic automobile companies will release their wholesale numbers for the month of November in the next week, with analysts expecting double-digit growth across segments, as they believe demand has picked up following the GST rationalization, especially in entry-level vehicles, including both two-wheelers and passenger vehicles.
Motilal Oswal expects two-wheelers (2Ws), passenger vehicles (PVs), commercial vehicles (CVs), and tractors to post 11%, 11%, 13%, and 12% growth in wholesale in November compared to the same period last year.
Among passenger vehicles, it projects Mahindra & Mahindra to lead the growth, with a 12.7% YoY jump in sales to 126,697 units, followed by Maruti Suzuki, expected to post a 9.8% YoY ...
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