Retail sales for the automobile industry reached a record high in November 2023, up 18.5% YoY to 28.5 lakh units. Two-wheeler retail sales increased by 21.1% YoY to around 22.5 lakh units, while car retail sales rose by 17.2% YoY to 3.6 lakh units.All segments of the industry, except for CVs and tractors, observed a YoY rise during this period.