Car makers sent 4.1 lakh passenger vehicles to dealers in October, the most for any October, as festive demand and new launches pulled buyers into showrooms.
SUVs keep gaining
Sport utility vehicles made up six of every ten cars sold. Mahindra gained the most market share, while hatchback sales fell for a ninth straight month.
Dealers are carrying more stock
Dealer groups say inventory has risen to about 45 days, which could mean discounts in December.
