India’s nov vehicle output falls for 12th month running

摘要

Singapore—India’s vehicle production in November stood at 2.34 million units, down 1.3% year on year amid weaker sales, data from the Society of Indian Automobile Manu- facturers showed late Tuesday, marking a 12th straight month of decline. November vehicle sales totaled 1.79 million units, a 12.3% decline from the year before. “After an encouraging festival period, in November, [the] industry declined sharply,” Mayank Pareek, president of the passenger vehicles business unit at Tata Motors, said, referring to India’s Diwali festival, which fell on October 27 this year and usually sees widespread shopping in the weeks leading up to it.