You are here: Home » Automobile » News
Business Standard

Car makers on road to pre-Covid profit as festival season sales soar

Maruti is operating at 95 per cent of its prodcution capacity

Topics
Passenger Vehicles | PV market | festive season

Shally Seth Mohile  |  Mumbai 

automobile
Cars are seen parked in a dock at the Chennai Port Trust | Photo: PTI

The festival season, which started on Monday with Navratri and ends with Diwali on October 24, is expected to bring cheer for passenger-vehicle (PV) makers in more ways than one. Not only is it expected to be a record in terms of volumes, it will also see a swift recovery in the profitability of PV makers and take it closer to pre-Covid levels as the overall sales mix gets a boost from higher sales of top-end trims and a softening of commodity prices.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, September 26 2022. 22:53 IST