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Nitin Arora

A xis Mutual Fund
CIEINDIA

CIE Automotive India Limited

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CIE Automotive India Limited CC-Sep23.pdf
18 Oct 2023
Open call
  1. Thank you for taking my question. Just on the Europe production side though when we look at your nine months production versus your sales, you are pretty much in line with what market production is, but just wanted to take a heads up from you when we look at Q -on-Q production ha ve really declined very significantly in Europe can you throw some light is something transitory in nature or you think this pressure will…

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  2. So basically when you give the market update in your presentation you talk about production, right which is down 17 -18% July to September versus April to June you have given in your presentation Europe results so I was just trying to understand is that because Q-on-Q optically will go down because of the summer season, but this time the fall is quite drastic.

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  3. Every year there is seasonality but we do not see that much drop it is fine I will tak e it offline that is fine. Second is w hen we look just on the India business especially on two wheelers because one of your large clients is still ramping up on exports which we are not seeing that much ramp up happening but generally on the two wheeler side you are seeing production ramp up happening that is one from your let us…

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