Auto Stocks Outlook for the week – 08 to 12.09.2014

Auto Stocks Outlook for the week – 08 to 12.09.2014

Stocks of automobile companies are seen continuing to outperform the broader markets
as sales in certain key vehicle segments have been growing at a steady clip, and there is a
positive sentiment about the industry among investors.

As the automobile industry recovers, investors are feeling more confident in investing in
these stocks. Passenger car sales have been growing on year for the past four months.
Two wheeler sales are growing at a fast rate, propelled by scooter sales.

Tractor sales have also been growing and commercial vehicles, particularly light ones,
are staging a recovery, which is attracting investors.

Manufacturers have realised that new launches are attracting customers. Therefore, a
slew of new launches are expected to keep sales volume high and customers interested, which would keep investors within this industry.