The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.

Domestic car sales were down 10.83 per cent to 1,60,306 units as against 1,79,783 units in November 2018, according to data.

Sales dip for tenth straight month, logging worst-ever fall of 31.57 per cent.

The consumer sentiment also continues to be low and there is clearly a trust deficit in lending money to the dealers.

Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.

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.