Headed for a rise or fall? Here's where 7 experts see the auto space going in next 6 months
Going ahead most analysts have mixed views on the space. While the pent-up demand is fading and the sector is facing rising interest rates and further price hikes expected the export; However, margin improvement is expected due to a decrease in commodity prices and price hikes.
The auto sector rose over 15 percent in 2022 on the back of a recovery in demand post the pandemic and as the chip shortage issue eased in the semiconductor industry. However, going ahead most analysts have mixed views on the space.