Car sales drop again after festive season; industry pins hope on Dec demand

Maruti Suzuki reported sales of 150,630 passenger vehicles in the domestic market in November, down 1.9 per cent over 153,539 units in the corresponding month last year

Sales of passenger vehicles in November declined after increasing in the previous month, strengthening industry fears that the short-term cheer was only due to the festive season’s offers.

The numbers reported by companies showed that sales of four- and two-wheelers slid by almost 8 per cent. 

Wholesale volumes represent vehicles dispatched from factories to dealers in India and overseas.

“After an encouraging festival period, in November the industry declined sharply. In addition, it is preparing for the Bharat Stage VI transition. In line with our strategy to focus on retail, we have further enhanced our network coverage,” said Mayank Pareek, president, passenger vehicles