Slowdown continues in auto sector, sale plunges by 12% in Nov

Domestic vehicle sales were down by 12.05% in November from 17.92 lakh units compared to 20.38 lakh units a year ago. Sales of passenger cars also dipped by 10.8% to 1.6 lakh from 1.79 lakh in November last year. The utility vehicle sales are up by 32.7% from 69,884 to 92,739 in the same period. In November, the domestic passenger vehicle sales declined 0.8% year-on-year, according to SIAM.