Hyundai and Renault were the only manufacturers among the top 10 players that reported positive sales in the month of November.
Image for representational purpose (Image: Reuters)
The Indian automotive industry that has been facing a prolonged slump since the past 13 months showed a menial revival in light of the festive season in October as Maruti Suzuki, Renault and Volkswagen emerged to be the only three companies that reported positive sales.
However, in November, the slump seems to be back in place after Maruti Suzuki along with a majority of other manufacturers witnessed a year-on-year decline of 3.3 per cent. In the month of November, the company sold 1,39,133 units of its car as against the 1,43,890 units it sold in the same month last year.