The lowest ever sales in history has been experienced by the Indian automobile industry with overall domestic sales shrinking by 17.98% in the month of November 2008 since there was a huge decline in the commercial and passenger vehicle sales.
For the month of November, the total vehicle sales in the domestic market stood at 711,281 units as against 867,243 units in the corresponding month a year ago, claims the Society of Indian Automobile Manufacturers (SIAM).