Key Highlights
- Newsroom ReviewedAuto sales in India rose 2.14% on the year to 33.01 lakh units in November as demand growth remained stable post festival season, according to the Federation of Automobile Dealers Associations.
- Price cuts post GST 2.0 implementation continued to drive customers to the showrooms. The passenger vehicle inventory for the month improved to 44–46 days from 53–55 days, as per FADA, a sign that demand was on the uptick.
- Amongst PVs, compact SUVs and better model availability drove growth.
- The segment saw Maruti Suzuki lead with 39.4% share, followed by Mahindra at 13.7% and Tata Motors at (13.2%.
- ALSO READOctober Auto Sales Hit Record 40.2 Lakh Units On Festive Demand, GST Cuts; Two-Wheelers Lead: FADAOpinionOctober Auto Sales Hit Record 40.2 Lakh Units On Festive Demand, GST Cuts; Two-Wheelers Lead: FADARead MoreTwo-wheeler sales slipped to 19.16% in November to 25.46 lakh units.
