Chip-hit Maruti Suzuki and Hyundai drag sales down in November, Tata shines
With Maruti sales down 19% and Hyundai by 23%, overall car sales take a hit
When the top two players in the passenger vehicle market, which together command a near-61 percent market share, record poor sales it is imperative that overall industry numbers will be impacted. Therefore, it comes as no surprise that November 2021 PV sales are in the red.
A quick analysis of nine carmakers which released their official sales numbers for November 2021 reveals that total sales at 221,741 units are down a sizeable 11% year on year (November 2020: 248,252) and there is also a month-on-month sales decline of 4% (October 2021: 230,456).
Maruti Suzuki India: 109,726 units / ...
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