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Automobile Sector - Monthly Quick View - Nov 20 - Higher YoY Volume on Festive Sales; MoM Volume Declines - Reliance Securities
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November car sales rise; semi-conductor shortage likely to hit firms
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Bike exports in green on Africa, Asia - Times of India
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Nov YoY passenger vehicle sales rises, but car off-take down 2.77% (Roundup)
By IANS| Updated: 12th December 2020 7:35 am IST
However, the sales momentum slowed on the sequential basis.
According to industry data released on Friday, passenger vehicles sales increaed by 4.65 per cent in November on YoY basis. The category includes sub-segments of cars, utility vehicles and vans.
A total of 264,898 passenger vehicles were sold in the domestic market from an off-take of 253,139 units sold during the like period of 2019.
Nevertheless, the data released by the Society of Indian Automobile Manufacturers (SIAM) showed a sequential growth in sales during October.
In October, a total of 3,10,294 passenger vehicles were sold in the domestic market.
Auto sales increase 12 73% in November
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