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Slowdown Saga: Nov auto sales decline by 12 %
Highlights
Domestic automobile sales continued to decline in November with the overall sectoral off-take plunging 12.05 per cent on a year-on-year basis, data showed on Tuesday.
New Delhi: Domestic automobile sales continued to decline in November with the overall sectoral off-take plunging 12.05 percent on a year-on-year basis, data showed on Tuesday.
According to the data furnished by the Society of Indian Automobile Manufacturers (SIAM), the sector's total sales declined to 1,792,415 units in November from 2,038,007 units sold during the corresponding month of the previous year.
Segment-wise, the off-take of passenger vehicle sales during the month under review slipped by 0.84 percent to 263,773 units this November on a year-on-year basis.
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