Auto companies showed decent performance in the month of November 2014; 2W, 3W and cars recorded growth. However LCV continue to show poor performance while recovery was seen in M&HCV sales.
– In Passenger car segment, Tata Motors and Maruti Suzuki performed and recorded double digit growth.
– In two wheelers segment, TVS witnessed strong growth in volume while Hero Motocorp showed muted growth in volume. Though Bajaj Auto is still struggling to increase volume in domestic market due to slowdown in premium segment bike, sound growth (up 24% YoY) was witnessed in export sales.