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Retail Auto Sales Rise In November, Pointing To Rollover From Diwali

Vehicle registrations, a measure of retail auto sales, rose 16.4% month-on-month and 2.8% year-on-year to 21.56 lakh units in Nov.

Maruti Suzuki’s Nexa and KTM showrooms in Lower Parel, Mumbai. (Photo: Sagar Salvi/BloombergQuint)
Maruti Suzuki’s Nexa and KTM showrooms in Lower Parel, Mumbai. (Photo: Sagar Salvi/BloombergQuint)
Retail auto sales in November jumped to their highest in about a year, led by two-wheelers. Still, it may be early to see it as a sign of revival.Vehicle registrations rose 16.4 percent month-on-month and 2.8 percent over the previous year to 21.56 lakh units in November—the highest since November 2018—according to data from 1,171 regional transport offices in 31 states and union territories, collated by BloombergQuint from the websi...
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