After the dip in deliveries last month, the Total Industry Volume (TIV) picked up again during November, increasing by 6% over October’s number to end at 64,404 units of passenger cars and commercial vehicles.
Of the 64,404 units, 89% of the vehicles delivered were passenger cars (excluding pick-up trucks), an increase over the volume in October as the assembly plants were able to complete more vehicles.
Comparing to the same month in 2021, the TIV in 2022 was 7% higher, with the variance for commercial vehicles (including pick-up trucks) being 11% greater.
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