Auto retailers staring at huge losses this festive season as chip shortage hinder supplies
The Hindu
With the 42-day long peak season having commenced with the first navratra, dealers are finding it difficult to convince the customers to wait indefinitely for the vehicles of their choice.
Automobile retailers are staring at huge losses this festive season asto dealerships amid the ongoing semiconductor shortage crisis, according to a top FADA official.
With continuing unabated, auto manufacturers are faced with production issues forcing them to curtail supplies to dealer partners.
With the 42-day long peak season having commenced with the first navratra, dealers are finding it difficult to convince the customers to wait indefinitely for the vehicles of their choice.
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