Car sales remain flat in Nov as weak festive season ends
Automakers say new car launches in the coming months is expected to drive up sales
Mumbai: Passenger car sales remained almost flat in November as companies adjusted their inventory after a weak festive season. Subdued consumer sentiment, volatile fuel prices and inflation are likely to remain demand dampeners but new model launches in the coming months are expected to help drive sales, car makers said on Saturday. The top five carmakers—Maruti Suzuki India Ltd, Hyundai Motor India Ltd, Tata Motors Ltd, Mahindra and Mahindra Ltd and Honda Cars India Ltd—sold a combined 219,722 vehicles last month, compared with 219,746 units a year earlier.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more