April car sales weighed down by chips shortage

The shortage of semiconductor, Russia-Ukraine war, vehicle price hike, fuel price rise and other supply chain issues continue to weigh on buyer sentiment across the passenger vehicle market in India. In terms of pure numbers, the low base effect has kicked in and most OEMs are in the green compared to the marginal sales seen last April as the country tackled the scourge of Covid-19.

Maruti Suzuki India: 121,995 units / -10%
India’s leading car manufacturer, Maruti Suzuki India’s domestic sales including UVs and vans fell to 121,995 units as against 135,879 units in April 2021, a fall of 10 ...