Scale Auto
Ray Of Hope For Auto Component Suppliers
After facing an eight month long demand slump, small scale auto parts suppliers and commercial vehicle makers are seeing a rise in demand for vehicles in recent weeks.
Maruti Suzuki, Hyundai India, Mahindra & Mahindra, and Tata Motors have witnessed a surge in demand for vehicles in the month of February. Improved sales in the first two months of 2009 as compared to the October-December 2008 period has shown signs of the auto component industry gradually recovering from the recent decline.
The spurt in domestic demand for vehicles during January and February this year can be attributed to the government’s relief measures. The second stimulus package released in the first week of January has also been crucial for easing liquidity pressure, which previously placed considerable restrictions on component suppliers and auto makers.
Public sector banks have also provided timely and adequate financing to help small scale units obtain easy access to funds. Availability of special line of credit to the Non-Banking Finance Companies (NBFC) has also enabled auto component players to cope with the acute liquidity crisis and maintain their output levels.
The depreciation benefit of 50% provided for vehicles purchased in the current quarter has also boosted sales in the market.
With the domestic auto market looking up, big companies including Tata Motors and Ashok Leyland have raised their production capacity during the past month. Subsequently, small scale component vendors supplying to auto makers have also reported a surge in volumes during the period.
Besides increase in demand for auto parts, supplies of sheet metal components and sub-assemblies from small industrial units have also seen a sharp rise over the past few weeks.
Though the sales performance during the first two months of this calendar year have been encouraging, it is still too early for small scale auto part suppliers to expect an end to the lean phase.
Despite positive indications on the domestic front, uncertainty still looms large on whether the demand would sustain the current levels for the entire year. Even though things have started looking up and the order books for March look positive, there is a need to exercise prudence while making strategic decisions.
About the Author
David Parks is a well known author and has written articles on Buy Trade Leads and B2b Marketplace, suppliers, Manufactures and many other subjects.
Scale Auto
 |
 N or HO Scale AUTO REVERSER for TROLLY YARD 5 PROGRAMMABLE STOPS ADJUSTABLE  US $99.95
|
 N scale Bluford Shops Auto Parts Boxcars CofG RR 3 US $65.00
|
 N Scale BUILDING Master Auto Center SET US $65.00
|
 N scale Bluford Shops Auto Parts Boxcars NW RR 3 NIB US $63.00
|
 N scale Bluford Shops Auto Parts Boxcars PRR RR 3 NIB US $63.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Cotton Belt RR SP 2 NIB US $49.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Santa Fe RR 2 NIB US $48.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Ann Arbor RR 2 NIB US $48.00
|
 N Scale Brass Stainless Triple Auto Carrier Kit US $43.50
|
 N scale Bluford Shops DD Auto Parts Boxcars Burlington Route RR 2 NIB US $42.00
|
 N scale Bluford Shops Quad Door Auto Parts Boxcars Rock Island RR 2 NIB US $42.00
|
 N scale Bluford Shops Quad Door Auto Parts Boxcars BO RR Silver 2 NIB US $42.00
|
 N scale Bluford Shops Quad Door Auto Parts Boxcars DTS Railroad 2 pack NIB US $42.00
|
 N scale Bluford Shops Quad Door Auto Parts Boxcars Southern RR 2 NIB US $42.00
|
 N Scale Bluford Shops 86 NYC Auto Parts Boxcar 2 pk NIB US $40.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Penn Central RR 2 NIB US $40.00
|
 N scale Bluford Shops DD Auto Parts Boxcars LN Family Lines RR 2 NIB US $40.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Rio Grande RR 2 NIB US $40.00
|
 N scale Bluford Shops DD Auto Parts Boxcars MKT RR 2 NIB US $40.00
|
 N scale Bluford Shops Quad Door Auto Parts Boxcars New York Central RR 2 NIB US $40.00
|
 N scale Bluford Shops Quad Door Auto Parts Boxcars Conrail RR 2 NIB US $40.00
|
 N scale Bluford Shops Quad Door Auto Parts Boxcars Missouri Pacific RR 2 NIB US $40.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Western Pacific RR 2 NIB US $40.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Frisco RR 2 NIB US $40.00
|
 N scale Bluford Shops DD Auto Parts Boxcars Grand Trunk Western RR 2 NIB US $40.00
|
 N Scale Architect Andrews Auto Gas Laser Cut Wood Kit Detail Parts NEW US $39.99
|
what are some good/safe/reliable ways of applying for a small-scale auto loan?
hi,
I am a international uni student in the us. so want to know whether any auto- loan program is available for me here.
Try a local credit union...........not likely however.......