Monday, April 09, 2007

Automobile volume growth likely to remain strong


In the four-wheeler section the results were mixed but relatively in line with street expectations. The increase in incomes of the auto majors was led by volume growth and increase in the realizations. There is amazing growth visibility in some of these companies assisted by largely optimism in the domestic passenger car segmentWith the commissioning of Maruti's new car plant Maruti's sum capacity stands increased to 750,000. As the new plant ability could be additional ramped up to 350,000 units/year. Maruti's overall capacity would surely reach 1m by 2009.

                

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