As two-wheelers continue to perform well, Bajaj Auto and TVS Motor will dominate August 2024 volume rise.

According to Jefferies India Pvt Ltd's projections, Bajaj Auto and TVS Motor Company are anticipated to lead the two-wheeler volumes in August 2024.

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Among other things, Mahindra and Mahindra anticipates a 6% monthly increase in auto volumes and a 1% increase in tractor volumes.

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Maruti Suzuki India Ltd.'s volume increase in passenger cars is targeted at 3% per month, yet MSIL volumes may fall by 6% annually.

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Jefferies India's outlook for the Indian auto industry is still optimistic, with TVS Motor Company and Mahindra & Mahindra ranking among its top companies.

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According to Jefferies projections, domestic commercial vehicle volumes for Tata Motors might still increase by 10% month over month

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According to Jefferies forecasts, Tata Motors' passenger vehicle volumes could decrease by 4% and 2% respectively.

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