New Delhi, Dec 8 || India’s auto retail industry recorded steady growth in November, with overall vehicle sales rising 2.14 per cent year-on-year (YoY) to 33.01 lakh units, according to data from the Federation of Automobile Dealers Associations (FADA).
Demand remained stable even after the festival season, while price cuts following the GST 2.0 rollout continued to attract buyers to dealerships.
Passenger vehicle sales showed positive signs, supported by better model availability and strong demand for compact SUVs.
Inventory levels for passenger vehicles improved to 44–46 days, compared to 53–55 days in the previous month -- reflecting the pickup in customer interest.
Maruti Suzuki maintained its leadership with a 39.4 per cent market share, followed by Mahindra at 13.7 per cent and Tata Motors at 13.2 per cent.