The domestic auto industry reported muted wholesale numbers (factory dispatch) for November 2018, indicating 4.2% YoY growth, with consequent YTD industry growth maintained at a healthy 12.2% YoY. With the 2018 festive season being muted vis--vis robust growth seen in the past, OEMs found themselves on the backfoot having miscalculated the retail demand, resulting in large inventory pileup at the dealer's end. According to Federation of Automotive Dealers Association (FADA), dealer inventory, at the end of the festive season, amounted to ~50 days...