The company produced a total of 1,41,834 units in November as against 1,35,946 units in the year-ago month, MSI said.
BS-IV vehicles purchased up to March 2020 will remain operational for entire period of registration, FM Nirmala Sitharaman said.
Automakers were now banking on the festival season for a lift up, which is expected by the end of this year.
M&M's Managing Director Pawan Goenka said that the auto maker has retrenched about 1,500 temporary workers since April 1.
PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.
Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data by SIAM.
SIAM said the role of NBFCs is important in vehicle sales as they cater to customers mainly in semi-urban and rural areas.
Sales of passenger vehicles dived to 247,541 in April versus 298,504 a year earlier.
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