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

The company had sold 1,53,539 units in November last year, Maruti Suzuki said in a statement.

Toyota Motor Corp's profit for the second fiscal quarter totaled USD 5.4 billion, up from 585 billion yen last year.

Net sales in the period under review stood at 847.9 billion yen as against 941.9 billion yen in the year-ago period.

This is the first time in the last seven months that Maruti Suzuki has seen an increase in its domestic sales.

As per the JD Power report, Indian car buyers are putting more emphasis on vehicle styling.

The company had sold a total of 19,374 units in the same month last year, Ashok Leyland said in a regulatory filing.

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