Just like the preceding months, auto sales in the month of November 2022 remained buoyant as most of the car manufacturers have registered positive growth in the domestic market. Two-wheeler sales, which were muted until last month, also saw a slight uptick.
Car market leader Maruti Suzuki India Limited (MSIL) recorded a growth of 14.3 percent increase in total wholesales at 159,044 units in November. Last month, its domestic sales rose 18 percent to 139,306 units as against 117,791 units in November 2021.
“The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models. The Company took all possible measures to minimize the impact.” MSIL said in a statement.
Hyundai Motor India Limited (HMIL) announced it retailed 48,003 units as opposed to 37,001 units during the same month last year. It recorded YoY growth of 29.7 percent.