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Tata Motors (TTM) Q1 2022 Earnings Call Transcript
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Operator
Ladies and gentlemen, good day and welcome to the Tata Motors Q4 earnings conference call. [Operator instructions] Please note that this conference is being recorded. I ll now hand the conference over to Mr. Prakash Pandey from Tata Motors.
Thank you and over to you, sir.
Prakash Pandey
General Manager of Treasury and Investor Relations
Thank you. Good evening, everyone. Hope all of you and your family members are healthy and safe during these uncertain and unprecedented times. On behalf of Tata Motors, I warmly welcome you all for our Q4 FY 21 results conference call.
Today, we have with us Mr. Guenter Butschek, MD, and CEO of Tata Motors; Mr. Thierry Bollore, CEO of Jaguar Land Rover; Mr. PB Balaji, Group CFO of Tata Motors; Mr.
Motown diaries: Expect double-digit wholesale growth in December
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Retail sales have been flat, channel checks indicate. So, wholesale growth has been driven by restocking by dealers ahead of planned price hikes by automakers, say analysts tracking the auto market.
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NEW DELHI: Reflecting the economic recovery and revival in demand, analysts expect a strong wholesale growth rate for tractors, two-wheelers and passenger vehicles in December. At the same time commercial vehicles sales are also expected to improve.
Retail sales have been flat, channel checks indicate. So, wholesale growth has been driven by restocking by dealers ahead of planned price hikes by automakers, say analysts tracking the auto market.
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