 "Passenger vehicle sales skid over 3% in November over costly fuel, loans")
This was the best November ever for carmakers, with cumulative despatches at India’s top 10 passenger vehicle makers jumping 31.7 per cent year-on-year (YoY) to 310,807 units last month as better availability of semiconductors enabled them to produce more. It was also the sixth straight month when domestic car sales zipped past 300,000 units. Auto firms in India count despatches to dealers as sales.
The world’s fourth largest passenger vehicle market is well on its course to breach peak sales of calendar year 2018 and conclude the year ending December 31 with an estimated 3.8 million units, Shashank Srivastava, senior executive
