Automakers declared muted sales in November across most segments. Commercial vehicles bucked the slowdown riding on strong recovery in demand for high-tonnage machines. Two-wheeler shipments also showed robust growth during the month.
The sales numbers were more disappointing because November is considered to be a month of great demand for festivities and auto companies generate most of their yearly sales in this month.
A Year-on-Year Study
Rural demand witnessed a sharp rebound after the first round of lockdowns last year and sales in November 2020 were considerably higher with both two wheelers and tractors recovering smartly.