InvestorQ : What will be the outlook for Auto sector for long term, as they go through restructure process & consumer sentiment is also changing.
Shreekanth made post

What will be the outlook for Auto sector for long term, as they go through restructure process & consumer sentiment is also changing.

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Angel dcosta answered.
3 weeks ago
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Indian auto ownership is the lowest among the large global markets so the outlook still is very robust. In the short term there are constraints like purchasing power, uncertainty and cost of funds. That is why the immediate demand segment will be the entry level and economical ownership segments.

The bigger challenge for the auto sector is what they do in the post green auto scenario. Nobody really knows how long the shift will take and how rapidly it will change but auto players are convinced that it is the road ahead. So companies that prepare are the best placed.

You will get a clearer picture only when the dust of the slowdown settles and actual consumer buying comes back.

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