Dhananjay Sinha of Systematix Group believes the premiumisation trend in the auto sector has peaked due to higher average selling prices and increased credit inflow. He predicts a slowdown in demand for premium vehicles, but sees potential in two-wheelers like Bajaj Auto and Maruti due to income effects from tax breaks and future Pay Commission benefits. Dhananjay Sinha of Systematix Group believes the premiumisation trend in the auto sector has peaked due to higher average selling prices and increased credit inflow. He predicts a slowdown in demand for premium vehicles, but sees potential in two-wheelers like Bajaj Auto and Maruti due to income effects from tax breaks and future Pay Commission benefits. Economic Times
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