Based on the August 2014 auto numbers, market-men strongly iterated that good times are back. Most auto analysts and macroeconomists closely monitor monthly auto sales data to get a sense of GDP growth. We do not believe a lot in macro forecasting; however, it always helps to observe how things are moving and are expected to move. The table below gives a sense on the same.
 

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Key pointers to be noted:

1. September auto sales are seasonally strong as it just precedes mega festive season in India. This time the dispatches for Navratri and Dussehra are expected to better for Passenger & 2-wheeler segment viz-a-viz commercial vehicle sales.

2. Based on polls and industry reports, it is estimated that Hero MotoCorp will see the highest growth of 38% with nearly 6.5 lakh units to be sold in Sep2014. TVS and Ashok Leyland may grow at 30%.

3. Maruti is estimated to grow at 14% which could be one of the highest amongst 4 wheeler Auto manufacturers. Maruti has continuously managed to increase its market share which stands at around 45%.

4. Tata Motors domestic sales will continue to remains weak. To ramp up domestic sales, Tata Motors has recently hired ex-Maruti COO Mayank Pareek.

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